If people were spread out in small towns and farms sure. But people are now clustered in huge metro areas. If you gather everyone in one place, there are too many for that place. That's why big cities become hell holes.
It would be nice for the Times to give some attention to an alternative and more plausible hypothesis behind the housing affordability crisis—namely, that hedge funds and private equity firms have been buying up properties that would otherwise go to households, creating an artificial scarcity in...
If people were spread out in small towns and farms sure. But people are now clustered in huge metro areas. If you gather everyone in one place, there are too many for that place. That's why big cities become hell holes.
Listening to the Presidential debate will never inform you about anything, let alone the housing shortage.
All you will hear is Kamala saying she will build more and give money away, but never addressing the causes of the housing crisis other than blaming Trump.
LOL. What useless morons we have in government.
In fact, giving money to first time home buyers will probably just cause prices to go up.
Here are a few articles that shed light into the problem
A shortage of land, lending, labour and materials since the financial crisis in 2008 are the main causes of the US housing shortage, the Moody’s study finds.
This has driven up costs and cut the profit margins builders can make. They have less incentive to build more homes, “particularly lower-priced housing with lower margins,” Moody’s Analytics says. COVID-19 is considered to have made the housing crisis worse, as buyers and renters looked for more space during lockdowns. Historically low-interest rates in many countries, which make it cheap to borrow money, have fueled this phenomenon.
You know, just a couple of years ago, there was no housing shortage causing housing costs to skyrocket. We haven't added that much legal population in just a couple of years to cause a housing shortage. The problem stems from both inflation and illegals flooding the country.
Listening to the Presidential debate will never inform you about anything, let alone the housing shortage.
All you will hear is Kamala saying she will build more and give money away, but never addressing the causes of the housing crisis other than blaming Trump.
LOL. What useless morons we have in government.
In fact, giving money to first time home buyers will probably just cause prices to go up.
Here are a few articles that shed light into the problem
A shortage of land, lending, labour and materials since the financial crisis in 2008 are the main causes of the US housing shortage, the Moody’s study finds.
This has driven up costs and cut the profit margins builders can make. They have less incentive to build more homes, “particularly lower-priced housing with lower margins,” Moody’s Analytics says. COVID-19 is considered to have made the housing crisis worse, as buyers and renters looked for more space during lockdowns. Historically low-interest rates in many countries, which make it cheap to borrow money, have fueled this phenomenon.
How weird….you always claim not to be a globalist puke but boy do these posts read like those from a disgusting globalist puke. My educator daughter who teaches at an all American, all white school says one can always identify a filthy globalist by where they stand on Plyler vs. Doe…So I ask, do you agree or disagree with the ruling? This is a very simple question….GO
Sure. Fewer people means a shrinking economy and fewer resources. Capitalism maintains itself on growth. A shrinking economy means everyone who invested previously is now losing on their investment because when you invest what you're essentially betting on is growth.
Experts may agree but, as a homeowner, I very much disagree. I live in an area zoned for single family units and I DO NOT want the character of the neighborhood I live in to change. A zoning change will benefit the developers, not the existing residents. True my house will be worth more but I run the risk of my neighbor's house being turned into a multi-family rental. Then I'll have to foot the bill for new schools, utilities, roads, etc.