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> It's not necessarily a need for more housing, but more affordable housing No... if you simply increase supply to actually meet demand, prices will fall. This
by diogenescynic 6y ago
> It's not necessarily a need for more housing, but more affordable housing
No... if you simply increase supply to actually meet demand, prices will fall. This affordable housing nonsense is a complete red herring. Affordable housing is a lottery solution that helps a handful of folks... and in many cases isn’t even affordable. America needs to stop trying to fix all these issues with these one off solutions and look at the bigger picture. Just build more homes. Go look at places like Japan where housing is affordable... it has nothing to do with mandated affordable housing which NEVER works.
- s1artibartfast 6y agoFull transparency. I down vote every comment that starts the sentence No. I don’t think it builds good discourse, and would be rude to say to in a personal discussion with an acquaintance and it shouldn’t be said like this in text either. I agree with everything else you said
- encryptluks2 6y agoIt isn't a supply and demand issue IMO. If more housing is built then it gets bought up by property managers and they just raise the prices and make it unavailable to people based on the American social credit system. If you're on unemployment or facing some hardship and have poor overall credit but good rental history and enough monthly income for rent, good luck finding housing that isn't in terrible shape, in a low crime area, and an ethical landlord. However, if rural areas allowed individuals to have access to small plots of land and utilize cheap portable housing units where they could work on sustainable agriculture and community programs to promote self-sufficiency, and social safety nets to address issues of people with disabilities that may not be able to care for themselves without assistance then I believe the homeless crisis could be greatly adverted and also give purpose and fulfillment to those struggling with inner-city homeless issues.
- diogenescynic 6y agoNo, then you’re not building enough. If you build enough supply to meet demand then prices would fall. This isn’t speculation, this is simple law of supply and demand taught in every economics course. What you’re talking about is just not based in reality. > It isn't a supply and demand issue IMO. With all due respect, you’re wrong and haven’t read about it enough then. Think about it like this, over the past few decades we’ve built fewer housing units than our population needed. This allowed demand to keep rising faster than supply, this pushed prices up. If you reverse that trend and make housing easier and cheaper to build, this trend would reverse.