3 ms·
Absolutely. But as below, my guess is that it's a few % points. Worth fixing for sure, but I'm also wary of 'bogeyman thinking' where people think this 'one thi
by davidw 3y ago
Absolutely. But as below, my guess is that it's a few % points. Worth fixing for sure, but I'm also wary of 'bogeyman thinking' where people think this 'one thing' is going to solve the problem. The reality is that we need a lot more housing of all shapes and sizes and that is going to take a lot of work.
- burkaman 3y agoI guess that's fair, although I haven't seen any bogeyman thinking in the complaint or article or comments yet. I'd recommend reading the linked Propublica investigation though, it's more than a few percentage points.
- davidw 3y agoOh, I wasn't referring to the complaint at all. That's correctly focused on the issue at hand. What I mean is the casual observer wondering why housing prices are bad. Blackrock, AirBnB, this outfit... people want to blame someone besides the local and state politics that got them where they are: https://www.theatlantic.com/ideas/archive/2023/01/housing-crisis-hedge-funds-private-equity-scapegoat/672839/ https://www.theatlantic.com/ideas/archive/2023/01/housing-cr...