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It would take many, many thousands of homes. Demand is so much greater than supply almost everywhere in the US.
by bequanna 3y ago
It would take many, many thousands of homes.
Demand is so much greater than supply almost everywhere in the US.
- seanmcdirmid 3y agoNo. Just put the houses somewhere in California away from SF/LA, and you wouldn’t need too many to satisfy demand for people willing to live away from those two areas.
- amanaplanacanal 3y agoThere is soooo much pent up demand. We need to build like crazy, probably for years.
- beretguy 3y agoAnd then what? After we are done building for everybody?
- system2 3y agoCompanies which build houses also buy the current houses so it won't happen.
- constantly 3y agoWe need to continue to build more, affordable housing in desirable areas near public transit, and break the current cycle of the same companies buying as building.
- cscurmudgeon 3y agoThis makes sense only if we assume laws of supply and demand magically doesn't work for housing.
- bequanna 3y agoWhat companies are building and buying? I’m not familiar with an builders who are interested in holding properties any longer than necessary.
- ryan93 3y agoNo they don't. Builders are desperate to get homes off their inventory. they dont speculate they want CASH.
- parker_mountain 3y ago> It would take many, many thousands of homes. Yes. It would. And we need to build them.
- raldi 3y agoPeople act like this is some wild new idea rather than the way every city in human history worked until around 1970 when Americans realized blocking new housing was a way around the Supreme Court’s then-recent ban on overtly discriminatory housing policy.
- beretguy 3y agoAhh… planet earth has limited amount of space. We need less people instead. If need to build then we need to build vertically.
- inamberclad 3y agoVertical is the answer. California needs to get over it's aversion to high rise apartments and invest a in flourishing downtown residential system instead of relying on a 1950's mindset of home ownership. The current system is deliberately exclusionary and self preserving, but it will also fail the state in the long run. That, sadly, seems fine to many people.
- xmprt 3y agoPeople also need to learn that vertical doesn't mean high rise apartments. There's a big gap between single story detached houses and high rise apartments. Townhomes, condos, row houses, and so on can all fill that gap.
- ryandrake 3y agoVertical still means “close proximity to neighbors” which is what a lot of people object to when it comes to urban living. I will never again voluntarily live in a building with a shared wall or ceiling.
- rufus_foreman 3y ago>> Demand is so much greater than supply almost everywhere in the US It really isn't. Demand is so much greater than supply in the places you want to live, not in the places I want to live.
- bequanna 3y agoEven in the rural areas I’m familiar with, there is an extreme shortage of high quality housing. On the other hand, if you want to move to Detroit or Philly…
- robocat 3y agoHouse prices are definitely not dropping in my city, even though housing supply is going up about 2.5% per year (urban sprawl in outer areas, plus some densification). Christchurch, New Zealand. I think because immigration grows NZ population fast enough to absorb the new housing.
- robocat 3y agoGood information on NZ house policy and growth: https://worksinprogress.co/issue/upzoning-new-zealand https://worksinprogress.co/issue/upzoning-new-zealand