2 ms·
Let’s fix a housing crisis by having houses be used. I doubt this is the magical unique problem everyone claims it is, but “oh no think of people’s investment”
by rtpg 5y ago
Let’s fix a housing crisis by having houses be used.
I doubt this is the magical unique problem everyone claims it is, but “oh no think of people’s investment” when people are sleeping outside is valuing property over people.
- CydeWeys 5y agoHousing vacancy is essentially a red herring when it comes to the housing crisis. Vacancy rates are still low overall, and reducing vacant housing would barely make a dent in the issue. The real issue is that there isn't enough supply for a given level of demand (i.e. how many people there are who do or would like to live there). Cities have added way more people than they've added housing units over the past several decades.
- llampx 5y agoSo would you say the same applies for property which is being underutilized? Throw out the rich people living in 5 bedroom houses? Throw out the grandmas living in the house they once had a family and children in? Mandate minimum number of persons per square foot?