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It's all just to help the property investors - the mom and pop landlords, the mega corporate landlords. "If we, your landlords, own a LOT more housing, surely
by wewewedxfgdf 1y ago
It's all just to help the property investors - the mom and pop landlords, the mega corporate landlords.
"If we, your landlords, own a LOT more housing, surely you can see how that will trickle down to YOU eventually owning a house. It's obvious isn't it? Our goal as investors is to build so many houses that prices will crash and everyone will be able to afford a house to live in. That's what we deeply want for all, and that's why we need to end zoning laws."
- epistasis 1y agoWhen people have a new home to live in, it's a huge help to them. There's this weird tendency to treat people in new housing as not people, as non humans. In reality we have a massive housing shortage, and tons of people living in crowded situations, and massive displacement of the working class out of California. All those people exist, are real, and are helped massively by new housing. One doesn't have to own a home to be a human with needs.
- wewewedxfgdf 1y agoYou'll own nothing and be happy, eh?
- epistasis 1y agoWhat are you talking about?
- bickfordb 1y agoYou can invest in a REIT fund if you believe this is a good asset class. Real estate investing is not a conspiracy
- xmprt 1y agoIt's crazy how the same property investors and mega corporate landlords who apparently stand to gain from this were fighting it tooth and nail for the last decade...
- wewewedxfgdf 1y agoWhy is more housing a good thing if it is just going to be owned by the people who already own all the housing? Why do we have to be thankful and grateful for that?
- hamdingers 1y ago> It's all just to help the property investors - the mom and pop landlords, the mega corporate landlords. The landlord lobby explicitly opposes this because new housing challenges their monopoly. They are pro-shortage for very obvious reasons, and this comment shows you have misunderstood the situation entirely.