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The cost of housing needs to be brought down in California via regulation. This could be done by no longer permitting commissions on the sale of real estate for
by b20000 5y ago
The cost of housing needs to be brought down in California via regulation. This could be done by no longer permitting commissions on the sale of real estate for example and by only allowing for a small fixed fee in a transaction, e.g. $500. One of the main problems with the rising cost is the realtors who constantly jack up the price artifically.
- foolfoolz 5y agoone reason the cost of housing it’s so high is regulation. building a 4 unit apartment will cost you about 400-600k in city and permit fees
- b20000 5y ago4 unit building?
- helen___keller 5y ago> his could be done by no longer permitting commissions on the sale of real estate for example and by only allowing for a small fixed fee in a transaction, e.g. $500. One of the main problems with the rising cost is the realtors who constantly jack up the price artifically. Nonsense, the sellers' agent does not own the property and the buyers agent does not put up the money to purchase it. They are facilitating a large transaction of money between two wealthy parties. Those two wealthy parties still exist, and still want to transact properties, even if you take out the middle man that facilitate the transaction.
- b20000 5y agoremoving the realtors removes 6%