December 24, 2005

Mr. Kos grows tired of the Bay Area real estate market, and a conservative attempts to gloat:


Attention Markos Moulitsas Zúniga: did it ever occur to many in Blue state America that Houston (that doesn't have zoning) is a lot more affordable than let's say Berkeley, California. Also, Houston residents don't have a state income tax that they are paying. It appears Kos can't afford the very values he promotes, which is regulation of markets which leads to artifically high real estate prices.
Or, to put it another way, the "values he promotes" enable ordinary people to attain wealth through home ownership, while living in a diverse community that values the environment, stable growth, a low crime rate, etc.

Although it is unfortunate that Kos missed the boat by a few years when it comes to buying a house in the Bay Area, the policies that enabled the value of homes to soar also make it a very desirable place to live, work, and raise a family. The Berkeley Hills are dotted with the homes of people who never made a huge income, but through happenstance, hard work, and good fortune, have become wealthy, all because they bought homes in a city that followed progressive policies that made the community desirable for people who had money to live in. And in the fullness of time, once this blogging thing starts to become big, someone as ambitious and entrepreneurial as Kos will also be able to buy a share of the Blue State dream as well.

Of course, Houston is a lot more "affordable" than Berkeley, California. So is the Aceh Peninsula, the Sunni Triangle, and the Gulf Coast. That's the great thing about the Third World: housing bargains are always available for people with a few dollars to spend, as long as you don't care about that whole "quality of life" thing. [link via Instapundit]

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