this dynamic will always be true: "folks with higher incomes are seen as less likely to trash the place, less likely to sue, less likely to stop paying"
Basically, this is somewhere I think govt. _constructive/supportive_ intervention is needed, because today's punitive policies creates economics that don't allow a humane end result.
I think we should build more single unit affordable housing! And shove it all over the place, in affluent neighbourhoods! Help people leave their problems behind.
This thread is getting deep for HN and it's hard to respond, but I had shoved my random thoughts on this in https://twitter.com/AntoineGrondin/status/145489614700107776...
We know how to plan this properly. Mistakes will no doubt be made but there is no reason to think they will be this obvious.
Almost everything you describe is the effect of a housing shortage. The new houses wont happen overnight, it takes quite a bit of time to create a surplus.
if they could fix the housing crisis my bombed out city straight after ww2, I'm pretty sure the US is able to do so 80 years later with modern construction methods.
I'm not making this up and these are not my rules or opinions. It's just the logical conclusions these people come up with, given the environment they're faced with.