Re:The Joy of Fuck-You Money (2018)
by a1369209993 on Thursday March 11, 2021 @07:12PM
(#26430707)
> So being a current homeowner, do I have a financial interest in preventing new houses from being built?
Only if you're using your home as a financial instrument rather than a place to live. But that has the same problems as eg, farmers and/or grocers having a financial interest in engineering a famine in order to drive up food prices.
> Could it be a mix of material supply issues and interest groups that are maintaining a housing shortage?
Probably, yes, plus various other factors in varying amounts.
Re:The Joy of Fuck-You Money (2018)
by bryanlarsen on Thursday March 11, 2021 @04:50PM
(#26429453)
1 word: zoning
I remember, back around 2008, houses were popping up everywhere. You don't really see much of that anymore, at least in my experience. ALSO, lumber prices are HIGH and its not as profitable to build new houses, at the moment. But what if this is a larger lumber shortage/sustainability issue? What then?
Could it be a mix of material supply issues and interest groups that are maintaining a housing shortage?