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It's really housing that needs the fix and I dont think they have a solution to that one
by EricDeb 3y ago
It's really housing that needs the fix and I dont think they have a solution to that one
- swells34 3y agoThere is a bill in the works right now to keep mutual funds and similar from just scooping up every house they can for rent, I imagine there are very few actions that could make more of a difference.
- minkiebun 3y ago[dead]
- jamestimmins 3y agoHousing costs are driven by local supply issues vastly more than big national buyers. They're just swooping in because the massive undersupply has made them a good asset to own in the past 15 years.
- idopmstuff 3y agoBuilding more housing. Building a lot more housing would make a much larger difference. In terms of specific government actions, that's upzoning all residential areas and approving plans by default with chance for challenges if they fit within established (reasonable) requirements.
- rootusrootus 3y agoAre the mutual funds immune from supply & demand economics or are they just taking advantage of a shortage that means real estate prices go inexorably up? Maybe we could just increase supply and then the mutual funds won't be so interested in buying up the supply. Although I don't know how that's bad to begin with -- it's not like everyone wants to own their own home.