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The Solution to Expensive Housing Is More Housing
- readonthegoapp 6y agoi thought 2008 proved that the solution to expensive housing was not, in fact, more housing. it was not allowing massive criminal fraud by banks to continue unabated for years with impunity.
- WarOnPrivacy 6y ago> i thought 2008 proved that the solution to expensive housing was not, in fact, more housing. 2008 proved that for the 2008 scenario. Our current climate has a very different set of factors in play. It may be that policies to limit home construction may have been created in response to 2008. Past that I can't come up with any relevant commonalities.
- WarOnPrivacy 6y agoOur suburban/rural county borders 2 wealthy, metro counties. Nearly all of our new home construction is along that southern border and is being filled with new folks, moving up from the south. Meanwhile, the majority of our county is facing a mounting housing crisis. The few available rentals are crapholes and/or priced absurdly high. The same goes for home sales. For the first time, there are no homes here for the non-wealthy. Nor will there be any anytime soon.