Re:We're going to need a lot of solar panels
by pydry on Saturday July 23, 2022 @08:51AM
(#32202830)
Private property developers simply dont want to build affordable housing. The margins are just lower than they are for luxury housing. Who would choose to make 4% profit when you could make 20?
They do lobby hard to remove building regulations in the name of building more affordable housing but they never actually build it unless local government actively forces them to with some of those regulations they hate, at which point they build the bare minimum and install a poor door.
Re:We're going to need a lot of solar panels
by zbrozek on Saturday July 23, 2022 @10:32AM
(#32203678)
They're always going to build the highest margin product for which there is demand. You're not going to get cheap housing until there is abundance. It's simple supply and demand.
They do lobby hard to remove building regulations in the name of building more affordable housing but they never actually build it unless local government actively forces them to with some of those regulations they hate, at which point they build the bare minimum and install a poor door.