2 ms·
Meh we need supply not bandaid'ing high rent costs. The housing crisis goes well beyond the homeless (which get the bulk of the attention, if not adequate solut
by dmix 3y ago
Meh we need supply not bandaid'ing high rent costs. The housing crisis goes well beyond the homeless (which get the bulk of the attention, if not adequate solutions), which only ever results in half-baked subsidies or forcing skyscrapers to add a small amount of low income options. While the drumbeat of ever increasing housing costs continues.
Housing needs radical reform. There isn't a lack of capital to build this stuff. We don't need government to put up a bunch of money. The second they make building possible, in the places/ways the market demands, there will be a flood of new development which will directly benefit the low end of the market by not making tiny houses cost $1M and low-density suburban housing the only alternative.