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A comment on Housing Can’t Be Both Affordable and a Good Investment (2018). Parent comment

Re:Housing Can’t Be Both Affordable and a Good Investment (2... by closeparen on Thursday May 02, 2019 @02:06AM (#19805179)
>Only one end of that spectrum is acceptable

Which makes it all the more important that you correctly identify and apply the mechanisms that push a place towards one end or the other.

>Everyone needs it, and we all have incentive to reduce costs—except landlords.

64% of housing units are owner-occupied [0]. These households are not landlords, yet they are incentivized to raise property values.

[0] https://www.census.gov/quickfacts/fact/table/US/VET605217

[ Parent | on HN ]
Re:Housing Can’t Be Both Affordable and a Good Investment (2... by drb91 on Thursday May 02, 2019 @02:36AM (#19805317)
Right, so the market is what makes housing unaffordable. Making housing a guaranteed human right will make it entirely affordable—at least on the end of using it. Housing is entirely a cost that should be amortized over those able to afford and/or build it.
[ Parent | on HN ]