You know what is neat when housing prices go down? You pay less to upgrade your house size than when the prices go up. Despite the fact your own house value dropped. Housing price dropping is good for basically everyone I say.
Making housing more affordable means your home's value will have to come down
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Re: Making housing more affordable means your home's value will have to come down
#12Why do new homes have to be built in competition with existing homes? With remote work and the digital elite moving wherever, why not just pop up new developments wholesale, complete with shopping and services somewhere out of the way and cheap?
Re: Making housing more affordable means your home's value will have to come down
#13This has made me determined to fight affordable housing even more so. I'd also like to ask, why is British journalism so shit tier? It's a fucking joke.
Re: Making housing more affordable means your home's value will have to come down
#14It’s going to be very difficult to make housing more affordable with high interest rates and high inflation. I highly doubt just increasing supply is going to be enough.
Re: Making housing more affordable means your home's value will have to come down
#15Why do new homes have to be built in competition with existing homes? With remote work and the digital elite moving wherever, why not just pop up new developments wholesale, complete with shopping and services somewhere out of the way and cheap?
The digital elite are mostly staying in concentrated areas, they have the money to and concentration leads to much more amenities nearby.
Re: Making housing more affordable means your home's value will have to come down
#16Well, I'm against affordable housing then. Let Blackrock, who bought over 40% of the single family homes on the market, take it on the chin. Perhaps we can do a fire sale of corporate-owned homes. This has made me determined to fight affordable housing even more so. I'd also like to ask, why is British journalism so shit tier? It's a fucking joke.
Re: Making housing more affordable means your home's value will have to come down
#17Well, I'm against affordable housing then. Let Blackrock, who bought over 40% of the single family homes on the market, take it on the chin. Perhaps we can do a fire sale of corporate-owned homes. This has made me determined to fight affordable housing even more so. I'd also like to ask, why is British journalism so shit tier? It's a fucking joke.
Re: Making housing more affordable means your home's value will have to come down
#18It is impossible for housing to be simultaneously a good investment and affordable. Policymakers simply have to decide if they cater to those that already own homes, or those desperately wanting to buy one.
I feel strongly housing is a basic human right, and so we should stop viewing residential property as an appreciating asset.
Re: Making housing more affordable means your home's value will have to come down
#19It’s going to be very difficult to make housing more affordable with high interest rates and high inflation. I highly doubt just increasing supply is going to be enough.
Investment banks will just buy up any affordable housing.