Re:Some young people are buying houses with friends
by tsukikage on Thursday March 07, 2019 @05:14AM
(#19326903)
...how on earth do you argue that building more increases rent and sound even vaguely plausible?
Re:Some young people are buying houses with friends
by imtringued on Friday March 08, 2019 @08:29AM
(#19337283)
Higher land prices mean it is only profitable to build luxury apartments and therefore new construction is more expensive than the average. However what people seem to forget is that each unit of housing means more people can live in the area and eventually the luxury apartments will become average apartments in 30 years.
Re:Some young people are buying houses with friends
by fossuser on Thursday March 07, 2019 @11:52AM
(#19329596)
I’m not sure how, but people do (this was my response in a thread from a while back): https://twitter.com/zachalberico/status/1056645172283420672?...
Unfortunately between existing owners working to kill any new units and renters in SF claiming that building more increases rent (and vying for rent control which makes things worse) I think it’s just hopeless.