this post was submitted on 26 Jul 2023
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The most important part of what you said is that you’d build “SO much” housing. If we’d just let the free market build all the housing it wants without letting NIMBYs get in the way, we’d have largely solved the housing crisis.
Except we already have more houses than there are homeless people. The problem is the empty houses have ridiculous price tags due to corporate landlords and landlords refusing the sell and only rent (also at ridiculous prices)
Vacancy rates in the places where people actually want to live are really low. Besides, are people not allowed to have vacation homes?
Market price is a function of supply and demand. We’ve been under building housing for years.