Re:Rising Rents Are Pushing More Tenants Past the Breaking P...
by lend000 on Friday October 27, 2017 @02:08PM
(#15570815)
High density zoning is only a short term solution, and it seems with current policy enactment speed, technology (and especially building regulations), demand will always outpace supply for the foreseeable future.
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Re:Rising Rents Are Pushing More Tenants Past the Breaking P...
by ryuker16 on Friday October 27, 2017 @07:00PM
(#15572928)
Naw, take a look at nashville which was expanding insanely fast in population. Rent rose 25% in a low CoL city.
They had a housing shortage for the past few years and removed a lot of restrictions. Recently they actually overbuilt despite a shortage of skilled construction workers.
You can build hella fast when the demand is there and the government wants buildings fast. We're talking skyscrapers in 12-14 months.