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tehmud.bsky.social @tehmud.bsky.social

Yeah but if they lower the price they could, god forbid, not make a profit. Imagine the crisis if they dared to give people these empty homes at an affordable price. If you can't tell by now I do not care for the wealthy

jul 25, 2025, 10:47 pm • 0 0

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Josh @joshbunchofnums.bsky.social

Vacancy rate and housing price are generally speaking inversely correlated.

jul 25, 2025, 11:40 pm • 3 0 • view
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tehmud.bsky.social @tehmud.bsky.social

Ok now to preface, I no think gud and don't know how the housing market works. So vacancy up, prices down and vice versa? Is it a lack of housing, willing to build affordable housing, or just greed? Not teying to be a perk just trying understand the cause of fine empty homes left to rot

jul 26, 2025, 2:12 am • 0 0 • view
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Josh @joshbunchofnums.bsky.social

The empty homes thing is very regional. Mostly in the rust belt where there has been huge population loss. It’s pretty irrelevant to the homelessness crisis unless your solution is to forcibly transport people from California to run down Detroit homes.

jul 26, 2025, 10:59 am • 2 0 • view
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tehmud.bsky.social @tehmud.bsky.social

Ah ok. I was also thinking about apartments. Around here there's constantly "Available" signs but no one can afford the rent. So I guess we need to build housing. Which really shouldn't be as difficult as it is. I mean even a trailer is better than nothing.

jul 26, 2025, 11:28 am • 2 0 • view
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tehmud.bsky.social @tehmud.bsky.social

I don't know California though. In MN we had a whole thing about rich people trying to buy up land in Duluth so drive up property values and they basically got run out of town.

jul 26, 2025, 11:31 am • 0 0 • view