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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 Sankozi on Thursday March 19, 2026 @03:37AM (#47436088)
RC of course is inhibitor. It lowers value of the house, which lowers builder's profit, which lowers number of new investments.
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Re:Austin's Surge of New Housing Construction Drove Down Rents by underlipton on Thursday March 19, 2026 @11:43AM (#47441358)
Unless builders aren't building for profit.

Create an entity with a mandate to build and the funds to make it solvent. Basic and dignified shelter that enables all the other economic activity does not need to be a profit center.

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Re:Austin's Surge of New Housing Construction Drove Down Rents by Sankozi on Thursday March 19, 2026 @05:13PM (#47446213)
This is possible but requires lots of money and oversight. I have never heard about scheme like that that replaced private investors. But as a way to offset some RC problems it could probably work.
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Re:Austin's Surge of New Housing Construction Drove Down Rents by underlipton on Friday March 20, 2026 @08:47PM (#47462871)
A whisper on the wind, barely perceptible, it tickles your ear. "Singapore~ (also the UK before the Iron Lady messed things up)."
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