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627
MolotovCocktail
2025 Dec 11, 2:50pm
MolotovCocktail
2025 Dec 11, 2:50pm
AD says
Another untapped supply is simply cracking down on crime. There are bad neighborhoods everywhere that nobody wants to live in. So that restricts supply. If only cities cracked down Rudy Giuliani style and made a serious difference, entire new supply would open up. That is what happened on NYC, East Palo Alto and other crime hell holes in the 90s.
A rehabbing boom would also ensue. Mega gentrification.
Housing construction is getting more and more expensive due to building code and other regulations, especially in states like California. Let alone the cost to purchase the land. That is why lower mortgage interest rates mask this.
Another untapped supply is simply cracking down on crime. There are bad neighborhoods everywhere that nobody wants to live in. So that restricts supply. If only cities cracked down Rudy Giuliani style and made a serious difference, entire new supply would open up. That is what happened on NYC, East Palo Alto and other crime hell holes in the 90s.
A rehabbing boom would also ensue. Mega gentrification.
628
Glock-n-Load
2025 Dec 11, 8:11pm
MolotovCocktail says
Where do those displaced people go?
AD says
Housing construction is getting more and more expensive due to building code and other regulations, especially in states like California. Let alone the cost to purchase the land. That is why lower mortgage interest rates mask this.
Another untapped supply is simply cracking down on crime. There are bad neighborhoods everywhere that nobody wants to live in. So that restricts supply. If only cities cracked down Rudy Giuliani style and made a serious difference, entire new supply would open up. That is what happened on NYC, East Palo Alto and other crime hell holes in the 90s.
A rehabbing boom would also ensue. Mega gentrification.
Where do those displaced people go?
631
mell
2025 Dec 12, 9:16am
AD says
Right and that's another reason there will be no crash. New construction has been tepid at best. Also many destroyed coastline properties won't get permit to rebuild. The supply is pretty much coming from existing owners selling only
AD says
• Policy Challenges: Without major reforms in zoning, permitting, and construction incentives, the housing crisis is expected to persist for years.
Housing construction is getting more and more expensive due to building code and other regulations, especially in states like California. Let alone the cost to purchase the land. That is why lower mortgage interest rates mask this.
Right and that's another reason there will be no crash. New construction has been tepid at best. Also many destroyed coastline properties won't get permit to rebuild. The supply is pretty much coming from existing owners selling only
632
MolotovCocktail
2025 Dec 12, 10:42am
MolotovCocktail
2025 Dec 12, 10:42am
Misc says
Waaaahhhh!
@Patrick this Pathole just stole my line that I was going to use! I had it all ready and then his comment shows up!
There should be a draconian PatNet rule against that! To protect losers too damn slow on the draw, etc.
Glock-n-Load says
Where do those displaced people go?
Whatever shithole country they came from.
Waaaahhhh!
@Patrick this Pathole just stole my line that I was going to use! I had it all ready and then his comment shows up!
There should be a draconian PatNet rule against that! To protect losers too damn slow on the draw, etc.
633
Ceffer
2025 Dec 12, 11:21am
Ceffer
2025 Dec 12, 11:21am
MolotovCocktail says
Maybe an exclusive Patnet copyright. P©. Anybody violating the copyright will be fined a bitcoin.
Memes don't count, since they are inherently birthed and spread by plagiarism to seed mind viruses.
Of course, first dibs on memes go to the local meme lords, who can claim 'exigency meme priority right' as a royal entitlement, no matter who published them first. We need to keep our local cluster meme lords fat, sassy, and full of piss and vinegar.
Patrick this Pathole just stole my line that I was going to use! I had it all ready and then his comment shows up!
There should be a draconian PatNet rule against that! To protect losers too damn slow on the draw, etc.
Maybe an exclusive Patnet copyright. P©. Anybody violating the copyright will be fined a bitcoin.
Memes don't count, since they are inherently birthed and spread by plagiarism to seed mind viruses.
Of course, first dibs on memes go to the local meme lords, who can claim 'exigency meme priority right' as a royal entitlement, no matter who published them first. We need to keep our local cluster meme lords fat, sassy, and full of piss and vinegar.
« First « Previous Comments 627 - 633 of 633 Search these comments
So the only way to decrease real prices is to decrease demand, and the only way to do that is to kick out all illegal immigrants and anchor babies. Will Trump do this? Almost certainly not. Even with control over all three branches of the government, the Republicans are not going to get rid of all the illegals who are driving up housing prices and social welfare costs. I wish that I was wrong about this, but I'm not.
The United States population reached 200 million on November 20, 1967. If there was no net migration, then the U.S. population have stabilized to about 220 million. Instead, the population is 335 million. This is why housing is so expensive. This is why rent is so damn high. This is why the younger generations cannot afford to have children. This is why the only way to keep the population from falling is to import massive numbers of unskilled, uneducated, and often criminal immigrants. Both parties are responsible for this: democrats for importing voters and republicans for importing farm laborers. Both parties want cheap labor.
When you import massive numbers of low-iq, low-skill workers, your per capital GDP declines relative to where it would have been otherwise. Yes, technological advancements mask this because technology increases GDP faster than low-skill immigration decreases it, but most of those gains don't get seen by the middle class.
Since both parties, and their corporate overlords, are benefiting from the current system, immigration will continue and housing prices will also continue to rise. I suppose I shouldn't care since I own and have a 2.25% mortgage that is being eaten away by inflation, but anyone young enough that they having bought already is fucked.