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A comment on $100k/year still might not be enough to buy a home. Parent comment

Re:$100k/year still might not be enough to buy a home by dragonwriter on Tuesday October 15, 2019 @09:47PM (#21266247)
> The problem in the Bay Area, where I live, is we artificially limit the amount of housing. So prices move to infinity.

The article doesn't talk about people not being able to afford housing, it talks about them renting in desirable areas rather than buying elsewhere. If anything, it's about a rent/buy price spread resulting from housing inventory being taken up by investors who prefer to own and rent out rather than sell, driving up purchase prices to a greater multiple of rent prices than would otherwise be the case. Which, if viewed as problematic, is not a problem that building more housing solves. You'd have to also make it less attractive to be a landlord.

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Re:$100k/year still might not be enough to buy a home by freyr on Tuesday October 15, 2019 @11:56PM (#21266913)
> You'd have to also make it less attractive to be a landlord.

More apartments, condos, and houses lead to more rental units, which lowers rents, which makes it less attractive to be a landlord.

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