Re:Silicon Valley's housing crisis, in one sentence
by drwl on Wednesday June 08, 2016 @12:00AM
(#11859909)
> 2) ROI isn't the most important thing about a home.
This is what someone replied earlier. For some ROI is the most important thing. For someone who lives in the suburbs I can say that for me it isn't the most important thing.
Maybe I haven't passed that critical milestone, but I can't think of a scenario where I'd complain if my neighborhood decay came with such a surge in net worth? (not trying to be sarcastic, could be an issue of be never having been that attached to a specific neighborhood)
(Naturally, this wouldn't apply to those who are without rent control, and suffer the double-whammy of more outsiders + higher rent.)