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How does people investing in housing change how much housing is available? They just rent it out.

• dumbfoundded 5y ago
  There will always be a balance of how good a house is an investment and how accessible owning a home is. Investing in housing can decrease housing availability especially if investors are using it for short term rentals.
• runako 5y ago
  > They just rent it out. This is not the case in some prominent housing markets (London & NYC come to mind). There are owners who purchase the properties as a way to store wealth in the US. These dwellings frequently sit empty most of the time.
  • peterburkimsher 5y ago
    The Dutch had a great system where buildings that had been empty for over a year could be squatted. https://en.wikipedia.org/wiki/Squatting_in_the_Netherlands https://en.wikipedia.org/wiki/Squatting_in_the_Netherlands I learned about it after a trip to OT301 with some friends from the CouchSurfing meetup in Amsterdam in 2013. Apparently the law has changed though, and now people are being criminally charged for squatting empty buildings.
    • renewiltord 5y ago
      In California, you can gain possession through adverse possession with about 5 years if lucky. That is, squatters rights exist in theory.
    • maccolgan 5y ago
      Why yes let's just violate property rights to fix a social problem
• deleted 5y ago
  [deleted]