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Iirc the reconciliation bill getting worked out right now has a good chunk of money to develop more housing
by throwaway6734 5y ago
Iirc the reconciliation bill getting worked out right now has a good chunk of money to develop more housing
- b9a2cab5 5y agoIt's not money that's the problem, otherwise San Francisco would've solved everything by now. It's NIMBY legislation that limits buildings to 4-6 floors instead of 50. We could literally have 10x density if zoning laws allowed for it.
- Gibbon1 5y agoI being a prat and suggest all this can be fixed by old fashioned wage inflation and the government underwriting a buttload of multifamily construction. It's been dropped down the memory hole but that's what the Truman Administration did after WWII. But with single family homes.
- giantrobot 5y agoWhat good is additional housing if Zillow just buys it up to resell at higher prices?
- chrismcb 5y agoIsn't the whole point of this article that Zillow is stopping homes at a loss? At some point, it won't be worthwhile for Zillow to do that.