There is no incentive for developers to build excess housing in order to make it more affordable. That was Cratic’s suggestion.
There are virtual ghost towns where real estate booms failed, much less doing it on purpose…
There is no incentive for developers to build excess housing in order to make it more affordable. That was Cratic’s suggestion.
There are virtual ghost towns where real estate booms failed, much less doing it on purpose…
Sure, I do… It’s just like any other commodity. If your side understood the economics of real estate development, why is housing not affordable in Cal?..
They don’t get togeher and plot. Unless they can buy politicians as an org.
Did they plot the crash?
What’s your solution?
Yes… the best way to lower housing prices is to build a whole bunch of it. Simple supply and demand. So, That means getting the govt out of the way.
The illegals are driving the costs of apartments sky high imo. Put a dozen or so in one apartment and they can afford it.
Makes the higher prices tough on just a family trying to rent.
That totally makes sense what with New York facing insane overdevelopment. Government is partially causing the sf homeless problem but not for the reasons you list
Cratic3947:Yes… the best way to lower housing prices is to build a whole bunch of it. Simple supply and demand. So, That means getting the govt out of the way.
The illegals are driving the costs of apartments sky high imo. Put a dozen or so in one apartment and they can afford it.
Makes the higher prices tough on just a family trying to rent.
Blaming the wrong end of the economic spectrum.
That totally makes sense what with New York facing insane overdevelopment. Government is partially causing the sf homeless problem but not for the reasons you list
Yep… the steady march of condos has been happening for a while in NYC.
It hasn’t lowered housing costs one bit.
It is almost like the people who live and work in NYC aren’t the ones buying them all up or something.
Not at all. Send the illegals home and a great deal of housing opens up for real citizens.
Especially in California. Probably not a problem in NY.
Not at all. Send the illegals home and a great deal of housing opens up for real citizens.
Especially in California. Probably not a problem in NY.
Have any data on this?
Cratic3947:Yes… the best way to lower housing prices is to build a whole bunch of it. Simple supply and demand. So, That means getting the govt out of the way.
The illegals are driving the costs of apartments sky high imo. Put a dozen or so in one apartment and they can afford it.
Makes the higher prices tough on just a family trying to rent.
That’s part of it too. Many recent immigrant are willing to live with multi generations, and also workers will pack houses to keep personal rents down. 100 years ago progressives thought that kind of housing density was immoral. Passed tons of laws to stop it. Now, they don’t remember 100 years ago. And don’t enforce their own laws.
And govt subsidy increases prices. The price of anything will rise to the willingness of the buyer to pay. Govt is willing to pay almost any amount, so they subsidize inflation of the housing market. Making the subsidy themselves self defeating. That’s one reason socialism makes people poorer…
gooddad409: Cratic3947:Yes… the best way to lower housing prices is to build a whole bunch of it. Simple supply and demand. So, That means getting the govt out of the way.
The illegals are driving the costs of apartments sky high imo. Put a dozen or so in one apartment and they can afford it.
Makes the higher prices tough on just a family trying to rent.
Blaming the wrong end of the economic spectrum.
Your remedies have all been tried in Cal. It has failed…
gooddad409: Cratic3947:Yes… the best way to lower housing prices is to build a whole bunch of it. Simple supply and demand. So, That means getting the govt out of the way.
The illegals are driving the costs of apartments sky high imo. Put a dozen or so in one apartment and they can afford it.
Makes the higher prices tough on just a family trying to rent.
That’s part of it too. Many recent immigrant are willing to live with multi generations, and also workers will pack houses to keep personal rents down. 100 years ago progressives thought that kind of housing density was immoral. Passed tons of laws to stop it. Now, they don’t remember 100 years ago. And don’t enforce their own laws.
And govt subsidy increases prices. The price of anything will rise to the willingness of the buyer to pay. Govt is willing to pay almost any amount, so they subsidize inflation of the housing market. Making the subsidy themselves self defeating. That’s one reason socialism makes people poorer…
Great post.
That’s part of it too. Many recent immigrant are willing to live with multi generations, and also workers will pack houses to keep personal rents down. 100 years ago progressives thought that kind of housing density was immoral. Passed tons of laws to stop it. Now, they don’t remember 100 years ago. And don’t enforce their own laws.
And govt subsidy increases prices. The price of anything will rise to the willingness of the buyer to pay. Govt is willing to pay almost any amount, so they subsidize inflation of the housing market. Making the subsidy themselves self defeating. That’s one reason socialism makes people poorer…
Illegals are driving up the cost of housing in ca? Any data on this?
Cratic3947:That’s part of it too. Many recent immigrant are willing to live with multi generations, and also workers will pack houses to keep personal rents down. 100 years ago progressives thought that kind of housing density was immoral. Passed tons of laws to stop it. Now, they don’t remember 100 years ago. And don’t enforce their own laws.
And govt subsidy increases prices. The price of anything will rise to the willingness of the buyer to pay. Govt is willing to pay almost any amount, so they subsidize inflation of the housing market. Making the subsidy themselves self defeating. That’s one reason socialism makes people poorer…
Illegals are driving up the cost of housing in ca? Any data on this?
Don’t need data… it just sounds right… or something.
Don’t know if it was an LA law, or a Cali law. Building my daughter moved into had the entire center of the building removed. Something about every apartment HAD to have a window that would let in natural sunlight. No one can get into the cement pad in the middle of the complex, but by God they all have their sunshine!
Those are anti tenement laws. They exist for a reason.
Don’t need data… it just sounds right… or something.
The lack of logic here is astounding…
In his post he claims illegals are piling into a single home for generations… which would means that they cannot buy multiple homes.
Buying more of something, than what’s available, lowers supply and increases demand… which drives up pricing…
How are illegals who pile into a single home… driving up the cost of housing?!
Yes… the Cal homeless crisis…
It’s not just illegals, but from just your own memory you should be able to see that the rise in illegal and mass legal migration over the past 30 years correlates perfectly with the housing crisis and homeless crisis in Cal.
Not to mention Cal moving to a one party system…
Yes… the Cal homeless crisis…
That’s a statement, not data.
How do homeless drive up the cost of housing in California?
Cratic3947:Yes… the Cal homeless crisis…
That’s a statement, not data.
How do homeless drive up the cost of housing in California?
They don’t, they are a victim of rising rents.