Housing Bubble 2: Return of the Ugly

334 readers

195 users here now

A community for discussing and documenting the second great housing bubble.

founded 7 months ago

MODERATORS

[email protected]

677

They're not vacant, they're just waiting for better matket conditions (lemmy.world)

submitted 1 month ago* (last edited 1 month ago) by [email protected] to c/[email protected]

89 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 15 points 1 month ago (1 children)

True, but it is not just about that there are X million houses emtpy and Y million people homeless. It is also about location of those empty houses. That might not overlap with location of the homeless, and I guess we are not talking about forced relocation here. There is probably still a good overlap of locations of empty houses and homeless and that part needs fixing.

[–] [email protected] 15 points 1 month ago

See: the Bay Area and most of LA absolutely suffocated by suburban sprawl. You could build higher density residential dwellings, but first you need to tear down a few existing homes, plus get it past all the NIMBYS whose property values might go down if there's not hyperinflated demand.