3 ms·
Well, we need to have better system for temporary housing first. Not everyone renting is poor or can't afford buying one either and you can't really expect peop
by ilyt 4y ago
Well, we need to have better system for temporary housing first. Not everyone renting is poor or can't afford buying one either and you can't really expect people to go against their own interest.
It would be nice if most of the renting was city-built and ran, with maybe buyout option if you live there for more than 5-10 or so years. THen city could easily control development, earn a bit of profit, and control the costs
- sidlls 4y agoWe need a better solution for housing in general. I don't actually want to be a landlord very much. I have a 7-figure portfolio including two rental properties, and I still rent. I'm not sure I could ever convince myself to buy in the bay area until/unless I had a substantially larger portfolio ($20M+). The numbers just don't add up.