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> But that venture consumes home building resources just like traditional neighborhood builds do - except it does it without increasing the supply at all. “Hom
by appreciatorBus 1y ago
> But that venture consumes home building resources just like traditional neighborhood builds do - except it does it without increasing the supply at all.
“Home building resources” are not fixed, then can expand and contract like any other part of the economy. If lots of homes need to be built, more resources will be directed to them. (Unless forbidden by arbitrary central planners intent on forcing everyone to live in a single family house)
And building an entire neighbourhod for rental most definitely increases the housing supply. If it did not exist, the people who would have rented should be forced to rent or buy elsewhere, pushing up rents and prices.
- WarOnPrivacy 1y ago> “Home building resources” are not fixed, then can expand and contract like any other part of the economy. I never said building resources were fixed so not sure why you needed to rebut that. I did say the there was competition for them which infers 1) they are a limited resources and 2) more demand for them drives up costs. That might be mitigated somewhat if suppliers want to invest in and spin up new manufacturing - which may or may not happen depending on how shareholder pressure manifests.