hatersaurusrex t1_jbrvkzt wrote on March 11, 2023 at 5:44 AM

Reply to comment by Sophisticated_T-Rex in Developers who destroyed historic Lancashire pub ordered to rebuild it by Mighty_L_LORT

Won't somebody please think of the millionaires?

Sophisticated_T-Rex t1_jbrw4h4 wrote on March 11, 2023 at 5:50 AM

Hey genius, guess what:

The cost of housing is based off of supply and demand. Right now there's an assload of demand and no supply. You know what will happen if you let them continue building their 500sqft condos instead of kicking and cryinf about new development like a five year old? Eventually, the supply will grow to a point where it equalizes with demand and gasp prices will drop!

Takenabe t1_jbrxj7t wrote on March 11, 2023 at 6:06 AM

Fellas, please. This dino on dino violence has to end.

TwentySevenNihilists t1_jbsfz7g wrote on March 11, 2023 at 10:14 AM

You're higoddamnlarious. Housing costs are never going to significantly drop in a US metro area unless the city is abandoned.

Everyone's answer to the housing crisis is to build more housing, but I don't hear a lot about where that housing is going to go. Try to put it in any city's historic district, and your are not going to get affordable housing for normal people.

You want affordable housing where I live, you have to move way the fuck out of the city (or start collecting roommates). Once you find affordable rent, your transportation costs have sky-rocketed.

The old "supply and demand" mantra isn't holding up so well after 2.5 centuries. They didn't have Airbnb, Berkshire Hathaway, or rent optimizing algorithms in 1776.