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Unfortunately, as soon as an area demonstrates it is becoming a significant hacker/maker region, speculation drives housing process through the roof killing the
by whybroke 10y ago
Unfortunately, as soon as an area demonstrates it is becoming a significant hacker/maker region, speculation drives housing process through the roof killing the trend before it seriously takes off. For example Portland OR.
If there is ever going to be another profuondly innovative tech center (ala early SV) we have to solve the way housing prices work first.
- kilroy123 10y agoBut to be fair, Portland _is_ trying. Every hole in the ground, is a mid-level apartment building going up. Yeah it's changing rapidly here and prices have risen. Still, you have to give the city some props for trying very hard to deal with it. Unlike San Fransisco that doesn't drastically try to increase inventory.
- whybroke 10y agoIt is also an interesting test case for the hypothesis that merely increasing inventory, however enormously, will fix the problem.