I really hate to break it to you, but supply isn’t the issue, at least not the way you’re implying. There’s more than enough empty housing for every single person in this nation.
The primary issues are extreme amounts of land/property being bought up by investment firms only to sit empty in order to artificially drive supply down and only higher end housing being built new due to profit margins.
The point is the inventory is there. It’s been there. Anyone telling you “we need more supply” is blatantly lying, either because they’ve been lied to or because they have an agenda
Honestly I don’t care what the official term, at all. If its empty housing, it’s inventory. If you’re sitting on empty housing because the rent isn’t high enough for you, you’re part of the problem. We have the housing. We also have limitless amounts of greed and selfishness.
I really hate to break it to you, but supply isn’t the issue, at least not the way you’re implying. There’s more than enough empty housing for every single person in this nation.
The primary issues are extreme amounts of land/property being bought up by investment firms only to sit empty in order to artificially drive supply down and only higher end housing being built new due to profit margins.
Removed by mod
The point is the inventory is there. It’s been there. Anyone telling you “we need more supply” is blatantly lying, either because they’ve been lied to or because they have an agenda
Removed by mod
Honestly I don’t care what the official term, at all. If its empty housing, it’s inventory. If you’re sitting on empty housing because the rent isn’t high enough for you, you’re part of the problem. We have the housing. We also have limitless amounts of greed and selfishness.
Removed by mod