Submitted by BumbleBeeVomit t3_ygo5sv in rva
Charlesinrichmond t1_iudbm43 wrote
Reply to comment by Horror-Fisherman-575 in Rising mortgage rates will exacerbate the housing situation in RVA by BumbleBeeVomit
yes. Key is enough. But the fact no one is discussing is population growth.
US Population 1970 203million
US Population 2020 331 Million.
Over a 50% more people in the US. Are there 50% more places to live in New York? No. In Richmond? Also no.
The housing crisis is really quite simple. To house 50% more people you need 50% more housing. And we basically banned dense urban housing in 1970 through zoning
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