Re:Investors bought a quarter of US homes sold last year
by paxys on Tuesday August 23, 2022 @03:27PM
(#32570091)
I'm not talking about building in someone's front yard. If you sell me a piece of land that you own, and it is now legally mine, should I be able to build a house on it? That itself is practically impossible to do in 99% of cases in most major cities in the US. A city like San Francisco approves like 7-10 shovel-ready housing projects a year, and fewer actually get completed.
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Re:Investors bought a quarter of US homes sold last year
by mebreuer on Tuesday August 23, 2022 @03:54PM
(#32570556)
I agree that in SF it has gotten out of hand. But the concept that communities can establish rules for what you can build in those communities seems acceptable?
If I moved to a a suburb because I wanted a smaller scale, and my neighbor wanted to build an apartment building next door, I'd probably push back against that. It feels like what is happening in SF is some extension of that.. projects getting caught up in community board reviews that happen slowly and unpredictably, and are staffed by old-timer SF residents who want to keep the city small. Frustrating for sure, but hard to fault them for that, if that's why they moved there pre-tech boom?
I personally live in NYC and appreciate that you can build whatever you want here!
Re:Investors bought a quarter of US homes sold last year
by thepasswordis on Tuesday August 23, 2022 @03:56PM
(#32570587)
Link me to an example of an empty lot in San Francisco that you are trying to build a single family home on and can’t, please.