Re:What Airbnb Did to New York City
by humanrebar on Thursday March 08, 2018 @08:53AM
(#16544294)
> Perhaps in your country...
Yes. That's what I was explaining. You can just do that in many rural areas of the U.S.
That's the big difference compared to urban development. You don't need billion dollar loans and a lobbying firm to add solve the problem on the supply side. It's very common for semi-retired middle class people to buy undeveloped land with good highway access, subdivide it, add some housing, and flip it.
Yes. That's what I was explaining. You can just do that in many rural areas of the U.S.
That's the big difference compared to urban development. You don't need billion dollar loans and a lobbying firm to add solve the problem on the supply side. It's very common for semi-retired middle class people to buy undeveloped land with good highway access, subdivide it, add some housing, and flip it.