Is that like New York? Thats outside DC i have been there. Yes its fucking outrageously expensive. But not a Big city. I see him as a GenZ understanding things like a GenZ person. Ownership is aspirational and inability to obtain is a thing.
Is that like New York? Thats outside DC i have been there. Yes its fucking outrageously expensive. But not a Big city. I see him as a GenZ understanding things like a GenZ person. Ownership is aspirational and inability to obtain is a thing.
By eliminating housing supply you increase the cost of the existing supply, this is basic supply and demand math that people learn in high school. I live in a converted townhouse. There are 16 apartments in my building. I've been here for almost a decade. This is a home, and it is my home.
I get that. He is not saying HOW that is MY critique to the thing. To do something like this there has to be heavy investment by local government. His GenZ head dont get it. However I hope someone who understands does something about solving these issues. But staying silent not an option
The only way to make home ownership affordable is to increase housing stock in places where people want to live. That means rental units where people will move when they are new to an area or just starting out in life or don't know if they want to stay long term. Eliminating rentals means you /
also eliminate mobility. If I am forced to buy a house then get a job across the country, I *can't leave* until I find someone to buy my house and also buy another house. You understand that, right?