Re:My multi-decade quest for rural broadband
by huevosabio on Wednesday May 12, 2021 @05:07PM
(#27135155)
> Constrain supply and new construction enough, and all that stuff is intensely maintained because building new is not an option.
Anecdotally, from San Francisco, my experience is the opposite. Most units are in terrible conditions, barely painted over. There is no incentive for landlords to put extra money on the place, it will not increase the price at which it will rent.
You end up with high income people moving into shitty housing, middle income moving to the outskirts and low income people moving to the streets. Only the landlords win.
Re:My multi-decade quest for rural broadband
by zamfi on Wednesday May 12, 2021 @06:30PM
(#27135951)
> There is no incentive for landlords to put extra money on the place, it will not increase the price at which it will rent.
Oh, it definitely will. The well-maintained places rent for astonishingly crazy amounts, which is why most people don’t see them.
Re:My multi-decade quest for rural broadband
by SamReidHughes on Thursday May 13, 2021 @02:06PM
(#27145261)
The situation in many apartments in SF has to do with rent control.
The flip side of this is that building middle- to low-income housing shouldn't be much of a thing. If there were enough development, the low-to-middle income housing would be the small units with the bad views and the laminate counters and no dishwasher and creaky floors, which is to say the older stuff that wasn't seriously maintained. Constrain supply and new construction enough, and all that stuff is intensely maintained because building new is not an option.