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ADhomin_em t1_j8h4fj1 wrote

Housing currently sitting empty and people sleeping on the street. Our housing crisis is not about housing

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heyItsDubbleA t1_j8hwqyu wrote

We have a housing investment crisis not a housing crisis

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RatzMand0 t1_j8i43j0 wrote

No one wants to build affordable housing that can be sold and used instead the profitability and bragging rights of making luxury housing that sits empty except when it is rented by air bnb is the future..... and it is killing this country.

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hath0r t1_j8icfxa wrote

the problem lies in the R-1 zoning

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Scizmz t1_j8ji5b0 wrote

That's too simplistic. As long as housing is a commodity, you'll always have an artificial shortage. 2 things need to be revisited to fix it. Zoning, and ownership rights. Prevent ownership of single family homes from companies and trusts and your housing shortage will get fixed real fast.

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hath0r t1_j8kbnmo wrote

the problem lies in the massive R-1 zoning where you can't build small apartments , business/apartments. we have too many single family homes and not enough medium density housing, technically anyone can build up to a quadplex with a standard mortgage.

the biggest problem is that you can ONLY build single family homes

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Scizmz t1_j8kqt4e wrote

That still won't fix the underlying issues of commoditization. That just improves population density. You've watched some videos talking about suburban sprawl problems. Now get to the ones that talk about price-fixing for apartments and investment firms buying up entire developments en-masse.

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hath0r t1_j8lbnx9 wrote

the banks own this country, the corporations own this country. aint shit we gonna be able to do about them buying up the housing

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doogiejonez t1_j9fddqg wrote

No one is building affordable starter homes that a mortgage would be the same cost as rent if not cheaper.

A mortgage on a home is supposed to work great as long has you have affordable, modest homes to build up equity as the average home as a equity rate of +$7,000 per year. Money that is basically thrown away if renting.

Also, housing prices are inflated and wages are under inflated from corporate greed.

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