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New housing is built all the time, just not in a places that are in demand where everyone wants to live at.
You mean you don't want to live in a 500k townhouse that is directly off the highway and has no walkability, sidewalks, or public transportation? Smh
Plenty of nice housing in suburbs that are away from the central in-demand urban areas. You'll have to commute allot, or work from home.
Right it's a shame that lower class individuals can no longer pay the cost of personal transportation and companies are demanding return to in office work to keep their property investments secure.
Well I didn't invent Capitalism, I'm just stuck in it just, like you.
For those lower class individuals (I'm guessing you meant to say lower wage individuals) they just need to try to improve their life, career choice changes, more education, and so forth. Otherwise they have to live within their means and commute long distances, just like we all do.
If you want to have a separate conversation about getting rid of Capitalism for something else, so be it, but while we are in Capitalism those are the ways to being able to own a place to live at, you afford what you can pay for.
Yeah this one pisses me off big time as well.
I think everyone should be able to work from home, it would make the point that we're discussing about having to move far away from the urban center locations to be able to afford a home moot.
It's not all of us responsibility to help those who purchase real estate to keep afloat.
Having said that, there are still plenty of jobs that allow work from home, either all the time, or the majority of the time.
You should never stay at the same place more than a couple of years anyway, and with such high demand for workers right now, this is the time to move from a company that's denying work from home availability to a company that does allow it, or even promotes it.
And if you're a low wage individual who can't move, then you have a whole other set of problems you need to fix, that I discussed earlier about in this reply.
Hey pompous asshole. Who is going to work at grocery stores if you can't afford living anywhere but a suburb and can't even afford that.
Who will work restaurants and small venues. Not every job can be remote and commuting long distances for "low wage" jobs which don't cover the cost means no one servicing everything else you do besides work.
You are thinking about only people like yourself and ignoring all the people I guess you don't even consider thinking about.
Screw you. I'm only speaking to truth, things I've done myself. Things that I've actually DONE myself.
In the city I live in they have a trolley/bus system that people who can't afford to live in the expensive areas take to get to/from work.
You going to tell me that the majority of low-income workers live in a city without metro?
If that was true I wouldn't bother making comments and responding to people like you on the Internet. There's no joy in it. Just trying to contribute to society by speaking to the truth of things. I ain't fighting for my soul, I'm fighting for yours.
Also, don't get pissed at me for stating the rules of Capitalism, I didn't invent the fucker nor do I support it (much). I'm just stating things you can do today to improve your life under the current system we all live in.
Don't like that, start a Revolution, or run for Congress.
Edit:
https://lemmy.world/comment/3545962
Thank you, invisible hand
Developers want to build anywhere and everywhere people would rent or buy, only thing holding em back is state zoning, licensing/permits, and far off in the distance (i.e. not right now), an actual lack of demand for housing.
Yes, of course. The real estate market is behaving in a way that is highly consistent with economic theory. It's so straightforward that just about any policy analyst from anywhere on the political spectrum could come up with the same exact list of problems. I think we can all appreciate that developers are merely trying to operate a business and that they owe it to themselves and their workers to operate sustainably and only take reasonable profit/risk tradeoffs.
Unfortunately, an appreciation for the underlying theory does not satisfy. Every day I walk one of the most unequal cities in America (Atlanta, GA) and am pained to see homeless bodies huddled against buildings made of solid granite. Just imagine if I tried explaining the economic realities of the housing market to the disabled veteran panhandling at my local MARTA station. Imagine his face as I tell him to please try moving to a suburb or maybe just be patient and wait things out for a few decades while we wait for the real estate market to respond to demand forces. He cannot wait. Exposure will eventually kill him.
I want my city to do what only governments can do and respond to the problem immediately at whatever cost necessary. I want public housing built ASAP because a heartbreaking number of local people are going to die if action is delayed. It is not humane to turn a blind eye while we go and chase the white whale of an economically ideal market solution.
You're welcome, visible comment maker.