Affordable housing activists try to thwart cutthroat real estate capitalism

Posted by ilamont on Monday October 21, 2019 @08:09AM
from the latimes.com dept.

https://www.latimes.com/california/story/2019-10-21/affordable-housing-activists-push-back-real-estate-capitalism

( 5 comments | 6 points | on HN )

Re:Affordable housing activists try to thwart cutthroat real... by freejulian85 on Monday October 21, 2019 @08:43AM (#21311600)

All they really need to thwart is the fed’s free money policies and banks ability to give people mortgages at 50% DTI and 1% down.

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Re:Affordable housing activists try to thwart cutthroat real... by loceng on Monday October 21, 2019 @08:56AM (#21311708)

Unfortunately it's a little more complex than that.

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Re:Affordable housing activists try to thwart cutthroat real... by freejulian85 on Monday October 21, 2019 @09:17AM (#21311894)

Not really.

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Re:Affordable housing activists try to thwart cutthroat real... by loceng on Monday October 21, 2019 @09:24AM (#21311958)

It certainly would help but not any of the other issues that relate to the industrial complexes, the Landlord-Rental-Development complex, along with other parts of the finance complex.

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Re:Affordable housing activists try to thwart cutthroat real... by voisin on Monday October 21, 2019 @06:40PM (#21318339)

And don’t forget restrictive zoning which artificially limits supply.

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