I refuse to buy that argument of availability alone (or hell, any standalone argument) when we have continued reporting of landlords and PE leveraging services like RealPage that are designed to maximize rents and revenue, including by keeping units vacant. Every time I’m driving through a dark city at night, residences and condos devoid of furniture (or using an interior design motif with no signs of life), I’m reminded how many of these are investments by a vacant owner designed to capitalize on lax regulation and lack of supply in in-demand areas. I drive by huge corporate plazas clustered together on high-value land because companies demanded everyone live in the same areas rather than spread out to reduce costs, driving up demand further.
I am unbelievably sick of seeing the symptoms go unaddressed while commenters and armchair economists bicker and debate who is the sole source of blame that must foot the bill. We need action, and we need to be brave enough to be willing to admit this isn’t working for the masses anymore.
I’m unbelievably tired of this cowardly pussy-footing by people who can’t or won’t envision a better future that also doesn’t involve number go up on property forever without further investment.
You mean you refuse to believe hard data on vacancy rates over sensationalized opinion pieces or outright misinformation that sounds more appealing to you?
Your proposed "action" is comically obtuse and will be ineffective at best. So no one can renovate a home for more than 30 days?
Number go up on property forever is what the masses want and what works for them, because the majority of people live in a home owned by that household. So you're misinformed about that as well.
I am unbelievably sick of seeing the symptoms go unaddressed while commenters and armchair economists bicker and debate who is the sole source of blame that must foot the bill. We need action, and we need to be brave enough to be willing to admit this isn’t working for the masses anymore.
I’m unbelievably tired of this cowardly pussy-footing by people who can’t or won’t envision a better future that also doesn’t involve number go up on property forever without further investment.