3 ms·
> But no rentals at all? So the only way to have somewhere to live is to buy a house? Really? How is that practical and not a recipe for massive homelessness? A
by abletonlive 5y ago
> But no rentals at all? So the only way to have somewhere to live is to buy a house? Really? How is that practical and not a recipe for massive homelessness?
As an aside, we do need to do something about hedge funds running around and buying up all the property, only building ultra-luxury property and the ultra-wealthy just parking money in real estate but none of those issues invalidates the need for a rental market to exist.
I suggest a ban on all SFH rentals. The reason why it seems unviable to have everybody buy a home is because there is so much demand created from people owning multiple homes and bidding up prices in the name of making a profit. If we eliminate at least SFH rentals it becomes much more viable. There are at least 16 million SFH rentals and that number is just growing.
This would solve two problems at once: reduce sprawl by encouraging the building of non-SFH for profit seekers, and reduce demand for SFH which is currently being driven up by profit seekers.
- Cd00d 5y agoWhat is SFH? Google says some kind of supplement, but I'm guessing your 'H' refers to 'housing'.
- ModernMech 5y agoSingle Family Home