Henry Grabar puts forth an interesting idea: the many bidding wars of housing during COVID-19 might help many push for more housing so that others do not have to go through such a process.
Sadly, those who win these all-out bidding wars will probably, suddenly feel that there is enough housing, and yes, we need affordable housing, but really affordable housing, you know? (And not here!)
But for every winner there will be many losers, and maybe the process can radicalize these would-be buyers, and their friends, and their parents, and the people they talk to. There really aren’t enough places to live. Those people can channel their frustration with bidding wars into political activism aimed at housing suppressants like parking requirements, restrictive zoning, and density limits. If appeals to neither historical wrongs nor economic growth get the job done, a strong dose of self-interest can’t hurt.
Here are three reasons why I would not hold my breath waiting for the successful homeowners to advocate for cheaper housing:
- Americans often subscribe to the idea that their individual successes are due to their actions, not necessarily due to systems. The winners of individual bidding wars can talk about the particular factors that led to their success. Those who did not win can adjust their individual strategies. It is a leap for many to think that their individual choices matter less than the conditions that empower or constrain their choices. (Site note: this sounds like explaining the basics of sociology in an individualistic society.)
- Suburbanites for decades moved into subdivisions and communities and then limited similar opportunities for others. The postwar suburban boom did not provide opportunities for all in a variety of ways. This could come out this way: people might yearn for and then move into a new development but subsequently complain about similar developments proposed right around them as a potential threat to their way of life. Can suburbs be frozen in time at the point at which people first moved in? Or, are suburbs and all communities in some sort of constant flux? Combine this with #1 and I could imagine some saying, “We bid successfully, we do not necessarily want a lot more of people like us being successful because this would change the community we bought into, and now we will resist future efforts.”
- Regarding putting pressure on politicians and others: how many homeowners were in this position and how would they join together in a movement? Housing is very difficult to address at a national level because of local particularities and politics. At the local level, proposals often run into issues with #1 and #2 above. People may be in support of the abstract notion of more housing or cheaper housing but they often prefer it somewhere else. Significant social and/or political change often requires tipping points or catalysts whereby interests come together and action is possible. COVID-19 could be one of those situations for housing but it would require much sustain effort.