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Yeah, yeah, it's always someone else's fault. Not boomer zoning! Not the corpos! No, the people profiting from the problem couldn't possibly be at fault. Mmmhmm
by jjoonathan 3y ago
Yeah, yeah, it's always someone else's fault. Not boomer zoning! Not the corpos! No, the people profiting from the problem couldn't possibly be at fault. Mmmhmm.
EDIT: nice edit. At least you acknowledge boomer zoning as problematic. But you blame the left. Lol. I seem to recall your guy repealing a bunch of density-promoting legislation and bragging about "saving your housing values" on TV. Someone is in denial here!
- triceratops 3y ago"boomer zoning" is largely responsible for the lack of supply GP blames.
- whimsicalism 3y agoNot sure where you read in my comment that it isn't "boomer zoning" but I believe you are referring to one of the largest proximate causes. "Corpos" are filling in the gap because a ridiculously sticky real estate market means that there are a ton of places that could easily bear more renters. These corporations are typically paying far below the average for homes in whatever state they are buying in [0] (somehow paradoxically this becomes bidding home prices up) and typically allow more renters to enter the market rather than being priced out. [0]: https://www.corelogic.com/intelligence/the-beginning-of-the-end-single-family-investor-activity-takes-a-step-back-in-q2/ https://www.corelogic.com/intelligence/the-beginning-of-the-...
- jjoonathan 3y agoI read your post before you edited it. Nice edit. I think we mostly agree on the correct policy direction, now, if not on who promotes it.
- whimsicalism 3y agofwiw, I'm on the left - I just can see that our old pattern of finding a boogeyman that isn't policy choices to blame it on simply will not work for this problem.