Re:Report: Young adults more likely to live with parents tha...
by ProfessorLayton on Thursday October 03, 2019 @03:26PM
(#21151021)
> do we just bite the bullet and build a TON of housing all at once?
Yes, we absolutely should. I live in a tract house/neighborhood from the 40s in the East Bay, which is a cookie cutter house that was constructed en mass, and was cheap (For the time) and high quality. I believe the house was initially purchased for something like ~8k (~140k in 2019 money), but it is worth many more times than that solely because no more housing has been built en mass since the war.
We should of course move onto building multifamily homes, and away from the mess SFH suburbia created, but the principle remains the same: More housing availability pushes down prices for everyone.
Yes, we absolutely should. I live in a tract house/neighborhood from the 40s in the East Bay, which is a cookie cutter house that was constructed en mass, and was cheap (For the time) and high quality. I believe the house was initially purchased for something like ~8k (~140k in 2019 money), but it is worth many more times than that solely because no more housing has been built en mass since the war.
We should of course move onto building multifamily homes, and away from the mess SFH suburbia created, but the principle remains the same: More housing availability pushes down prices for everyone.