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Almost as if the large companies would like those unable to buy homes to misdirect their ire.
by bitxbitxbitcoin 3y ago
Almost as if the large companies would like those unable to buy homes to misdirect their ire.
- Schiendelman 3y agoThe large companies just don’t account for very many homes. Once you control out for homes under construction, that just isn’t the issue. The issue is that we dramatically restrict how much housing anyone can build, specifically, upward.
- ethanbond 3y agoZoning hurts, labor shortage hurts, speculation hurts, sprawl hurts, etc. We don’t really need to look for a single cause. All of these things are happening and interacting with each other.
- Schiendelman 3y agoIn general - zoning causes the sprawl and the speculation, and worsens the labor shortage. It is the only root cause.
- ozmodiar 3y agoThe city I live in isn't restricting it. Condos are going up as fast as they can be built and the parks are still filling up with tent cities and rents are still doubling. Something just doesn't add up. I'm in Canada (don't want to give exact city, sorry).
- kiba 3y agoWell, without specific numbers and statistics, it's hard to know if demand for housing are being met.
- Schiendelman 3y agoI’m on King on a 504a right now. It’s massively restricted. You just can’t tell by looking. “Lots” isn’t a measurement.
- Schiendelman 3y agoI don't know if you've looked at Canadian housing news in the last few days, but do you really, really think that "condos are going up as fast as they can be built"? Because if you do, I think you're very misinformed.
- bitxbitxbitcoin 3y agoYes that is an issue. There isn’t only one issue. As an extreme illustration, think about trailer homes and trailer parks as an example.[0] [0] https://www.nytimes.com/2022/03/27/us/mobile-home-park-ownership-costs.html#:~:text=Real%20Capital%20Analytics%2C%20a%20market,among%20the%20country's%20largest%20landlords https://www.nytimes.com/2022/03/27/us/mobile-home-park-owner....