Re:Urban activists set out to sue San Francisco’s suburbs
by kevinchen on Sunday October 11, 2015 @08:47PM
(#10371882)
> People are putting up housing to sell/rent at newer, higher prices
Every high-income tech worker living in an expensive new apartment someone who's not competing for existing housing and driving their prices up.
It doesn't "achieve nothing," it's "how markets work."
That's great if it results in housing becoming more affordable. People are putting up housing to sell/rent at newer, higher prices. This achieves nothing for anyone except the person turning a profit.