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A comment on Austin's Surge of New Housing Construction Drove Down Rents. Parent comment

Re:Austin's Surge of New Housing Construction Drove Down Rents by bluegatty on Thursday March 19, 2026 @02:32AM (#47435684)
It's not the 'building' that's the problem - it never wars.

It's property ownership this is the core problem.

It's a zero sum game, of no value creation and mostly just economic rent extraction.

It's the 'property problem' not the 'thing on it'.

We have no problem getting people to 'make stuff and sell it'.

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Re:Austin's Surge of New Housing Construction Drove Down Rents by hahahacorn on Thursday March 19, 2026 @04:02PM (#47445068)
Property is not zero sum. You can build nicer things and improve land and me doing so doesn't hurt you.

Land IS zero sum. Land I own is land you do not own, and does not serve you, and I should not profit from the value of the LAND, only the value of the property I build / maintain / manage.

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