The Share of Million-Dollar Homes in America Just Hit an All-Time High

cawacko said:
You're talking about the gov't being the catalyst for affordable housing. How in the world could/can the gov't do that? You want to go back to the mid 20th century where they put massive housing buildings in urban areas that became nothing but drug and gang infested projects?

Gov't has a role to play in streamlining approvals and reducing barriers to building affordable housing. The less cost upfront the quicker, and cheaper, housing can be built. But yes, that is market rate developers delivering that housing. The gov't and non-profits can't come close to delivering the needed housing.

But in your defense, you're older and you're a home owner. You have no incentive to want more housing built.
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I'm older and have no real necessity to vote, actually,
but I've never missed one because I have to live with myself.

I'm definitely all in for people having someplace reasonably safe and comfortable to live,
and right now, the free market isn't going to accomplish that left to its own whims.
 
NiftyNiblick said:
I'm older and have no real necessity to vote, actually,
but I've never missed one because I have to live with myself.

I'm definitely all in for people having someplace reasonably safe and comfortable to live,
and right now, the free market isn't going to accomplish that left to its own whims.
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There's a guy on our Board of Supervisors that you would probably like. His name is Dean Preston and he's a Bernie supporting (Democratic) socialist. Even though he lives in a $2.5m single family home, he is basically anti any market rate development and thinks the government should build everything. He's one of the most public faces of NIMBYism in the City.

He's earned the scorn of YIMBYs who are progressives who support more (market rate) housing but he's yet to lose his seat. It's an interesting dynamic to hear politicians like him say they want more affordable housing while being against basically all new development and causing prices to rise. But clearly there are people who support him (and share your belief) as he gets re-elected.
 
NiftyNiblick said:
I'm older and have no real necessity to vote, actually,
but I've never missed one because I have to live with myself.

I'm definitely all in for people having someplace reasonably safe and comfortable to live,
and right now, the free market isn't going to accomplish that left to its own whims.
Click to expand...
Groups with unlimited capital should not be competing with single family homeowners. That never used to be allowed.
 
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