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A comment on US homelessness up 12% from 2022, hits highest level since 2007. Parent comment

Re:US homelessness up 12% from 2022, hits highest level sinc... by qwytw on Thursday December 21, 2023 @10:34AM (#38721731)
> It’s pretty clear that treating housing as an investment and not as a fundamental right has led us

No, it's pretty clear that insufficient supply in certain areas has led us here. Treating housing as an investment is just a symptom (it's really unavoidable if the good is scarce).

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Re:US homelessness up 12% from 2022, hits highest level sinc... by amanaplanacanal on Thursday December 21, 2023 @10:59AM (#38722153)
Unfortunately treating housing as an investment means that we are incentivized to limit the supply. These are two sides of the same coin.
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Re:US homelessness up 12% from 2022, hits highest level sinc... by chung8123 on Thursday December 21, 2023 @11:45AM (#38722876)
If people are building enough supply around your land, your land will eventually not grow as fast or even go down in value. If all the demand is met by the apartments around your land why would anyone want to develop the land when there isn't return. If their isn't any potential for return why would someone else want to buy the land?
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