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> it's just not something I or any other sane homeowner go around thinking about. > Nor frankly do I have any influence over that. Very much this. There is no
by jjav 5y ago
> it's just not something I or any other sane homeowner go around thinking about.
> Nor frankly do I have any influence over that.
Very much this. There is no cabal of homeowners opposed to lower prices despite it being often repeated. People buy a house to live in it, they're not paying attention to who is building what. Also nobody is asking homeowners opinion on what build sites get approved or not. If there ever was a proposition related to housing approval it would be in the ballot open to all citizens. Early in the history of the USA only landowners could vote, but it's been a very long time since that's been the case.
- engineeringwoke 5y ago> Very much this. There is no cabal of homeowners opposed to lower prices despite it being often repeated. Then let's raise interest rates to 5% again. It's some coincidence that we "need" zero-interest rate policy and quantitative easing when the boomers are in control... even worse in Japan, which is even more boomer dominated. Sure... just lots of coincidences.