Quote Originally Posted by catherine View Post
I think incentivizing builders to build scads of new housing irrespective of the true demand is not the answer. I say let the market dictate housing development…
Ah, such a capitalist!

in my tiny town here we have a tremendous need for housing. That is because all the wealthy capitalists swoop in and buy any modest home and turn it into an Airbnb. And then there is very very little in the way of apartment complexes.

Down the hill from me is a giant ugly industrial abandoned building that city fathers foolishly allowed to be built in the mid-50s in the middle of my residential neighborhood. My God it is ugly. Someone has put forth a plan to turn it into loft Apartments. Perhaps that plan will be successful, but it’s hard for me to see how it can be a viable plan economically. But I hope he succeeds.