Re:The Fed now owns nearly 1/3 of all U.S. mortgages
by egsmi on Wednesday September 09, 2020 @11:51AM
(#24422318)
Increasing density likely implies displacing the people presently in the expensive neighborhood for construction. In the U.S. anyway, that’s easier said than done. So that’s definitely a theoretical solution but I’m not sure how practical it is.
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Re:The Fed now owns nearly 1/3 of all U.S. mortgages
by thebean11 on Wednesday September 09, 2020 @11:54AM
(#24422348)
Displacing sure, but it's almost always voluntary! Zoning rules change, and developers start offering the big bucks for existing homeowners to sell.
It's starting to happen in Austin: duplexes/fourplexes are getting built in some of the nicer, more central areas.