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Joined 1 year ago
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Cake day: July 6th, 2023

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  • Unironically the answer is “shop less.”

    Prices on goods rise when demand for goods stays sufficient to support the price going up. The less everyone buys, the less things will cost.

    Prices for goods have almost nothing to do with the price of rent, but the mechanisms there are the same - it’s just that you have to encourage building rather than “live somewhere less” because the second option really isn’t tenable, for obvious reasons.

    If you want rent to come down, campaign for, vote for, or even run for office to be the candidate that will change zoning laws and encourage building multifamily housing.




  • VC money is meant to crush the competition and lock in the consumer to charge rent.

    This is not anything close to correct lol. VCs specifically do not invest in mature companies or they aren’t VCs.

    Why would any commercial real estate firm allow affordable housing to exist when they can scalp it on investment properties and leave them empty? Why build affordable housing when the margins are small?

    All housing built helps other housing come affordable because it increases supply. You are correct that there is little purpose intentionally building less valuable housing