3 ms·
Your city needs homes for people who work at McDonald's. Not more luxury apartments.
by jovial_cavalier 4y ago
Your city needs homes for people who work at McDonald's. Not more luxury apartments.
- shaburn 4y agoFalse. The city has too many McDonald's quality apartments at luxury prices. More supply solves this.
- whimsicalism 4y agoBuild luxury apartments, people with luxury money will move there rather than buying and converting the McDonald workers' homes.
- blablabla123 4y agoThat's not how it works though. It just lowers the price for luxury apartments.
- whimsicalism 4y agoIt is literally how it works. There's plenty of evidence showing so.
- tayo42 4y agoi was actually wondering about this. doesn't section 8 housing vouchers take care of this? it also seems like it could lead to increased rents, if you have the government guarantee rent will be paid, you can raise it by a lot and not worry about people not paying, or even not being able to afford it.
- whimsicalism 4y ago> i was actually wondering about this. doesn't section 8 housing vouchers take care of this? not at all.
- tofuahdude 4y agoThe cool thing about luxury apartments is that it means rich people will stop displacing poor people in the not-luxury apartments.