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Of course more housing needs to be build. In a sane manner, though, that focuses on the actual needs of the community rather than building more and more expensi
by hollandheese 9y ago
Of course more housing needs to be build. In a sane manner, though, that focuses on the actual needs of the community rather than building more and more expensive condos than only the rich can afford.
I wasn't talking about investment properties being idle. I was talking about them existing. They drive the rates up just by existing, since the owner wants to make more per month than they paid on it. If people weren't allowed to own more than one home, then all prices for housing would drop.
Also 11,000 units is a good bit. Could house probably at least 10,000-20,000 more people if Airbnb was banned.