Corporate money flooding into single family and small multifamily definitely push prices up. 0% interest in a booming economy also pushed prices way up.
www.just-food.com
apnews.com
The real estate market is humongous, and it's just a fraction of the entire market. But they also only do it because restricted supply was already driving prices to the moon. Stick it to Wall Street by supporting the building of more housing.
Please. This whole thread is people arguing over "great" or "better" vs dismissing that under the idea that "people still suffering, so we can't play up anything good".
I think enhanced UI is a big reason we are seeing the massive increases in lower end pay now. People got used to getting more money and demanded it to go back to work.
I gave the one person buffer
Goddamn with this again.
You you got to my post before my edit. The solution is to build more housing.
Sorry, you said 2020 was better than today. It's just purely fucking delusional.
Where do you build more housing? Many places are already wall to wall homes. Are you suggesting forcing people out of single family homes to build apartment types of homes?
US egg producers forced to pay $53m in price-fixing case
A US jury has ordered egg producers to pay $17.7m in damages to food manufacturing companies after being found guilty in a price-gouging case.
U.S. egg producers conspired to fix prices from 2004 to 2008, a federal jury ruled
A federal jury in Illinois has found that several major egg producers in the U.S. conspired to price-fix eggs between 2004 and 2008.
Plenty of places could easily support more housing if we wanted to change the rules. Not everything needs to be some 2500 sqft McMansion. Simply allow people to build duplexes through sixplexes/townhomes in areas where you just want more mild density, and in cities, many of which have huge swaths of land zoned for detached single family homes, just start allowing mid- and high-rises being allowed by right. In the places where people want to live, we need tens to hundreds of thousands of more units.
There is land almost everywhere, including in Manhattan. Massively reform zoning, and developers will buy single family homes above fair market value, and redevelop them into multifamily.
There are also plenty of other benefits to zoning reform: uniform rules that don't require variances or special permission means we cut off the corruption gravy train at the local level. It no longer becomes "who you know" when you want to build something to improve your property.
No one is suggesting forcing anyone out of their homes. It’s totally unnecessary. What we want is that when someone buys a piece of land they can build any kind of home they want on it. As things currently stand in most places building anything other than single family homes bias is banned.
Has anyone told them the real reason home insurance rates have shot up?
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