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Claw back the rentals sold to black rock for pennies on the dollar which were used to raise rents and ultimately home prices.
There are plenty of homes... they are in the wrong hands. I remember Patrick.net posting articles on banks and cities wanting to bulldoze homes just a few years ago. Did we start multiplying like rabbits? What was done was to prevent homes from reaching support in the market.
In 80% of cities home appreciation is twice that of income raises. That's sustainable.... in dumbassville.
Why are homes in SF mostly 2 stories? If a 200 sqft studio costs $3000/month, tear those old homes down and build some highrise units. Problem solved.
There’s simply no good alternative to increasing the quantity of dwellings available in the expensive parts of expensive metropolitan areas. Whether that’s done purely by re-legalizing market-rate construction, by reviving public housing, or with a mixed strategy like inclusionary zoning, there’s no getting around the fact that the raw number of units and their location matters a lot.
The ONLY area of commerce we're told that "More is Worse" is Housing. Why is that?
Half of the U.S. population lives in the blue counties. Food for thought when someone says that we’re suffering of overpopulation
Not sure I've ever seen anyone say this? Where are you seeing it?
Wrong. This is how we end up in a 2008 scenario again. This is the shit I'm hearing at my job and it is down right devious (I am a city planner). Claw back the rentals sold to black rock for pennies on the dollar which were used to raise rents and ultimately home prices. There are plenty of homes... they are in the wrong hands.
Did we start multiplying like rabbits?
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