Re:Investors bought a quarter of US homes sold last year
by davidw on Tuesday August 23, 2022 @03:03PM
(#32569672)
Show up at any kind of planning commission or city council meeting and you will hear people absolutely UP IN ARMS that building some, say, apartments or townhomes or whatever will "destroy their property values". Even in markets when said property has like doubled in price over the last 10 years with no work from the owner-occupants.
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Re:Investors bought a quarter of US homes sold last year
by tshaddox on Tuesday August 23, 2022 @03:22PM
(#32570026)
Yes, I understand the desires of that group and the desires of the other group. I’m suggesting that, if we truly must choose only one group to satisfy, it’s not very difficult to decide.
Re:Investors bought a quarter of US homes sold last year
by undersuit on Tuesday August 23, 2022 @03:36PM
(#32570248)
I think we'll choose both! An expansion of Section 5 HUD policies to grant housing to the renters and investment returns to the rich.
Re:Investors bought a quarter of US homes sold last year
by jjoonathan on Tuesday August 23, 2022 @03:17PM
(#32569898)
YIMBY organization is the answer, but we have a long way to go.
Re:Investors bought a quarter of US homes sold last year
by davidw on Tuesday August 23, 2022 @03:19PM
(#32569947)
Doing some of this work locally is one of the more rewarding things I've ever done. "DC level politics" tend to be long, drawn out fights, but a few people can make a big difference locally. I've seen homes get built that I showed up to say 'yes!' to. These are both great groups:
Re:Investors bought a quarter of US homes sold last year
by bombcar on Tuesday August 23, 2022 @05:12PM
(#32571583)
This is entirely possible and worthwhile; few people who are happy with how things are going bother to show up at all, so the only people who do are the people with a gripe or a grudge.
Even just a note to the city council saying "thanks" when you notice a new development is way more than most will ever do.