Ever Denser Housing Suits the Global Oligarchy: One of Those Issues We Never Voted On

Ever Denser Housing Suits the Global Oligarchy: One of Those Issues We Never Voted On. By Edward Ring.

Among all the misanthropic trends in public policy that threaten the freedom and prosperity of ordinary Americans, the density agenda is probably the least discussed.

Densification allows for easier control:

Stated simply, population densification will fundamentally undermine Americans’ ability to preserve their freedom and independence. You don’t have to reference Agenda 2030 — about which it is now almost impossible to find any negative commentary online — to understand how easily a population can be controlled when it is relocated and concentrated into a handful of megacities.

In the 1990s, shortly before the end of apartheid, I remember speaking with someone who had just returned from a tour of South Africa. He commented on his impressions of the densely populated black townships that were adjacent to every major city.

“They’ve got them all bottled up tight as sardines in a can,” he said, “nice and neat, so whenever they want, they can zap them all.” …

Soweto, South Africa

Blacks in Soweto were pushed into packed neighborhoods where they could easily be contained in the event of mass civil unrest….

Featured below is an aerial photo of such a development in Sacramento, California’s state capital and one of the citadels of green extremism. Note the lot size. These 40-by-80-foot lots are precisely the same size as those in Soweto.

Sacramento, California

  • In Soweto, such neighborhoods were variously described as concentration camps where people were confined and subjected to inhumane crowding.
  • In Sacramento, these neighborhoods are under attack as environmentally incorrect “sprawl,” as laws and zoning increasingly favor multifamily dwellings.

Economics, not any particular concern for the planet, drives the density agenda. Chief among these economic imperatives is to render housing barely affordable. Reducing the supply of housing while increasing the U.S. population through loose immigration policies creates shortages, which then drive up prices.

Perpetually inflating the value of real estate, in turn, creates new asset collateral. This helps balance the U.S. trade deficit, as foreign investors repatriate dollars by buying expensive American real estate. It also enables the ongoing U.S. trade deficit, as homeowners are seduced into borrowing against their home equity to purchase imported consumer products. The macroeconomic scheme that lets Americans print as much currency as they want and monetize the world with dollars purchasing foreign goods is sustained, in large part, by keeping the value of U.S. real estate artificially high. …

High house prices also encourages us to work long hours, to earn more to bid against our fellow citizens more for a place to live. It’s madness really, because houses don’t cost all that much to build. We could build nice houses and have a lot more leisure time.

Public-sector unions always benefit when public infrastructure spending is restricted due to environmental concerns. Instead of investing public funds to build and upgrade reservoirs, aqueducts, and freeways, public agencies can allocate more of their budgets to increasing the pay and benefits for government workers. Local public-sector fiefdoms also benefit when the population is increased in existing jurisdictions. …

Public utilities will deliver less of everything but charge much more. Their revenue will go up even as their deliveries go down. …

The density agenda is the product of intersecting benefits that attract a powerful coalition of special interests. In almost every sector of the economy, monopolistic corporate special interests have navigated a profitable path that furthers the shared agenda.

When environmentalist-inspired regulations make it almost impossible to get building permits, public entities collect higher fees, and favored developers build homes they can sell for more money and more profit. When environmentalists litigate to stop the construction of a new reservoir, public agencies retain the funds for more internally remunerative uses, and the possibility of new home construction is diminished. Without access to water, new homes cannot get built. When homes are too expensive for most families to afford, institutional investors roll in and buy whole subdivisions and rent them all, depriving Americans of what throughout our history was the most reliable way to build generational wealth.

Rationing in all its forms — and seldom ever called by that name — rewards the entrenched elite and harms everyone else.

Banks, institutional investors, mega housing developers, international corporations, tech heavyweights, public utilities, and public agencies all prefer high density. Environmentalism provides cover.

The notion that Americans are running out of room or resources to build new suburbs is … delusional …

The prevailing vision of environmentalism today, unfortunately, caters to a global oligarchy. They have decided it is in their interests, along with the interests of the planet — most definitely in that order — to preach imminent doom. Stack and pack, do it for the earth, and laugh all the way to the bank.

Follow the money, as usual.