Quote:
Originally Posted by Cowboy89
Totally F that noise. If everyone who wants to live in a detached single family home pays the full economic cost of doing so then there's nothing further to talk about. It's a lifestyle choice and if everyone, both suburban and urban, are paying their economic way, there isn't a further role to play by the city planning department vis-a-vis social engineering.
I'm all for my taxes fully paying the full brunt of my living choices, but I refuse to be okay with paying extra for what city planners think is more 'socially virtuous.'
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Net social benefit is optimized by doing exactly what I've bolded (i.e. the only subsidies/rebate are to account for externalities). I'm not advocating social engineering, I'm advocating creating an efficient market. Subsidizing lifestyle choices reduces net social benefit, we optimize it by eliminating such subsidies.