Re:Launch HN: Homestead (YC W20) – Lot-splitting to build ne...
by datavirtue on Saturday January 08, 2022 @11:50AM
(#29853422)
Gotcha. I was squinting forever trying to figure out how your model works until I saw it was being used in greatly inflated markets. Simply wouldn't work in my region due to the prices. There would be no profit opportunity for you.
Our federal governance structure doesn't provide enough $$$ for housing that isn't single family homes—until we change that, infill single family development is inherently subsidized by fannie and freddie -> I anticipate that other desirable areas will have to do this to stop out-migration and stay affordable.