Austin's Surge of New Housing Construction Drove Down Rents

Re:Austin's Surge of New Housing Construction Drove Down Rents by pydry on Friday March 20, 2026 @06:22AM (#47452681)

Of course. they have enormous mortgages and anything which drags down the absurd value of their home is an ominous threat.

Blaming "fake socialists" or "nimbyism" doesnt change the fact that they are entirely rational actors in an economic system that is rigged to make the wealthy wealthier (e.g. with prop 13).

In fact, it's a clever rhetorical device to conceal the root cause and displace criticism towards the main culprits and, well, you fell for it.

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Re:Austin's Surge of New Housing Construction Drove Down Rents by davidw on Friday March 20, 2026 @12:46PM (#47457172)

NIMBYs exist throughout the US, even in states without Prop 13 or similar things.

Some of them are even renters.

No one is trying to conceal the problems with unfair tax systems - indeed, the people who spend time advocating for housing are probably your most likely allies in trying to fix it.

[ Parent | on HN ]