

The alternative is that nothing gets built and people compete for the existing stock which drives up prices anyway


The alternative is that nothing gets built and people compete for the existing stock which drives up prices anyway


New construction is always more expensive. We should keep building anyway. The new construction of today becomes more affordable over time.


If you build enough housing it gets back into being economically competitive for the average person to own their home. Speculators can speculate until it doesn’t make sense any more.
We got into the current situation because we slowed way down on building homes.


I really don’t see how building more houses/units is not the solution, at least in some cases. I live in a VHCOL area and we straight up have a housing shortage for a variety of reasons.


It really isn’t, the area I grew up in has a ton of empty houses because people do not want to live there due to a lack of jobs and opportunity in general. The area I live in now has tons of NIMBYs blocking new housing development despite there being tons of jobs and opportunity.
ITT people seem to assume that but no one has yet offered any amount of proof. I hope my company isn’t relying on everyone clicking “Maybe later” to prevent spying on professional messaging. That would be a huge lawsuit vector for Microsoft if that were the case. And if your company is cool with MS spying on messages, MS is going to spy on messages no matter what you click, and they were already doing it before any click.
I feel like this is basically what happens to half of the GDP generated by the US healthcare system. There’s a shit ton of complex rules around payment, so insurances companies and providers basically jerk around with a shit ton of money while everyone gets fucked.
I actually use it for creating thumbnails for a sorta niche application. The resulting files are quite small and the quality is fine. I do remember it being a pain in the ass to deal with ~10 years ago.
The flip side is when your state mandates allowing 4-6 homes on regular SFH plots and then your property value goes up because you can now build more housing