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We absolutely should make housing more affordable. The problem is we’ve built most middle class wealth on housing as a scarce and always-appreciating asset, and
by Robotbeat 4y ago
We absolutely should make housing more affordable. The problem is we’ve built most middle class wealth on housing as a scarce and always-appreciating asset, and tons of peoples’ retirements are essentially counting on that continuing. We’re impoverishing the young to enrich the old, and there’s no easy way out.
- JustSomeNobody 4y agoAlso, we don't build starter homes anymore. I monitor the city's development site and all of the home being built are 3+ BR. There are a few apartment complexes with 1,2,3 etc BR, but no starter homes. There was a 55+ retirement development that went in a couple years ago. About 150 homes. Every single one was 3+ BR. WTF!?