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A comment on This is the United States’ third biggest housing boom in the modern era. Parent comment

Re:This is the United States’ third biggest housing boom in ... by baddox on Sunday December 09, 2018 @12:35AM (#18639533)
Please tell my landlord this.
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Re:This is the United States’ third biggest housing boom in ... by TomMckenny on Sunday December 09, 2018 @02:37AM (#18639844)
Unfortunately, idealized market theories notwithstanding, rent goes up in recessions as well as upswings and independent of vacancy rates.

https://www.census.gov/housing/hvs/files/currenthvspress.pdf

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Re:This is the United States’ third biggest housing boom in ... by wbl on Sunday December 09, 2018 @10:54AM (#18641396)
That's because we still don't build enough. Watch as SB 50 dramatically changes rents in CA.
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Re:This is the United States’ third biggest housing boom in ... by TomMckenny on Sunday December 09, 2018 @05:17PM (#18643652)
I hope so with all my heart.

But for example, this[0] (triangular!) lot is 1.6 million. So developed or not, low rents seem unlikely even in that neighborhood. At the risk of heresy, dare I ask if real-estate markets as they currently work have failed their communities?

[0] https://www.google.com/maps/@37.8134181,-122.2745241,3a,75y,...

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