Either the housing market will crash after some new laws are applied that specifically target landlords.
Or the price of buying houses will catch up with the cost of building them.
When either of those will happen, I do not know.
this post was submitted on 21 Aug 2023
480 points (96.7% liked)
Ask Lemmy
27426 readers
1898 users here now
A Fediverse community for open-ended, thought provoking questions
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either [email protected] or [email protected].
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email [email protected]. For other questions check our partnered communities list, or use the search function.
6) No US Politics.
Please don't post about current US Politics. If you need to do this, try [email protected] or [email protected]
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
founded 2 years ago
MODERATORS
Not unless we reduce the amount of red tape necessary for new construction. A market with super high housing prices should naturally correct itself as those profit margins attract new investment, but we clamp down really hard on new construction via nimbyism and over precise zoning laws.
No in this capitalism situation there is no more chance with the actually prices to own an house.
I’m hopeful
Yes. Once we have coordinating unions and global strikes, we make the rules.