2tab

4 ms·

1. 1.▲
   by 2tab 7y ago

   It probably doesn't matter long term. Any growing city serious about affordable housing long term need to figure out how to develop new areas essentially indefinitely. Whether you look like Boston, Vancouver or Hong Kong is in reality
2. 2.▲
   by 2tab 7y ago

   That Stockholm article is deceptive at best. The Stockholm housing market suffers above all else from lack of regulation of mortgages. The rental market simply can't compete with a 100 year double mortgage without default. The result b
3. 3.▲
   by 2tab 7y ago

   So where does "not rent control" work for long term affordable housing in in-demand areas? I don't think I know of any city comparable to Berlin, in at least size and prospects, that hasn't had significant rent increases
4. 4.▲
   by 2tab 7y ago

   Unfortunately everything points to the effect being the opposite. Remote means you don't have to be in Detroit, but can contract a factory in China from New York or run a data center anywhere from the Bay Area.
5. 5.▲
   by 2tab 7y ago

   That is what is curious. Something comically dysfunctional should be be absurd and outlandish but isn't. Saving 15 years for down payment so you can have some sort of cost control and housing stability in a modest apartment outside of
6. 6.▲
   by 2tab 7y ago

   The curios thing about these anecdotes is that as dysfunctional as somewhere like the Soviet Union was, getting a affordable apartment in only 10 years would be a great deal for many today. In many metro areas property values have increased