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A comment on US Housing Affordability Hits Worst Point in Nearly Four Decades. Parent comment

Re:US Housing Affordability Hits Worst Point in Nearly Four ... by whimsicalism on Monday August 21, 2023 @02:25PM (#37213436)
Not sure where you read in my comment that it isn't "boomer zoning" but I believe you are referring to one of the largest proximate causes.

"Corpos" are filling in the gap because a ridiculously sticky real estate market means that there are a ton of places that could easily bear more renters. These corporations are typically paying far below the average for homes in whatever state they are buying in [0] (somehow paradoxically this becomes bidding home prices up) and typically allow more renters to enter the market rather than being priced out.

[0]: https://www.corelogic.com/intelligence/the-beginning-of-the-...

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Re:US Housing Affordability Hits Worst Point in Nearly Four ... by jjoonathan on Monday August 21, 2023 @02:26PM (#37213449)
I read your post before you edited it. Nice edit. I think we mostly agree on the correct policy direction, now, if not on who promotes it.
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Re:US Housing Affordability Hits Worst Point in Nearly Four ... by whimsicalism on Monday August 21, 2023 @02:33PM (#37213534)
fwiw, I'm on the left - I just can see that our old pattern of finding a boogeyman that isn't policy choices to blame it on simply will not work for this problem.
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