this post was submitted on 28 Oct 2023
690 points (96.1% liked)
World News
32317 readers
872 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
What economic reality results in more houses being built with less investment.
We have a lack of houses. Lowering the price will not make houses materialize or do you think some magic will happen?
What economic reality makes housing affordable when used as a corporate investment scheme? What percentage of framing or roofing is provided by foreign-held stock portfolio? I can see we're gonna yell past each other as you refuse to recognize what the housing shortage actually is. I lived in a country that built houses just fine and met the demand just fine until Reagan deregulated finance and manufacturing. Your concepts will find no purchase here, as they are a proven failure.