1. Most houses are vacant because they are being sold or rented. Some are being renovated.
2. Demand is pretty objectively high.
3. If you can get all the homeless to move to Detroit, more power to you. The high demand is in areas that people want to live in.
27.01.2025 08:30 β π 0 π 0 π¬ 0 π 0
How would you change zoning laws?
27.01.2025 08:27 β π 0 π 0 π¬ 0 π 0
The term 'vacant' is deceptive. If a house is vacant because someone is trying to sell or rent it, that's not grounds to try and give it away. It needs to be vacant. And some are not inhabitable. Also, you're not going to get all the homeless to move to Detroit.
27.01.2025 08:26 β π 0 π 0 π¬ 0 π 0
I wonder about this. Housing prices increase because of demand, but the most expensive houses are in places with lots of other houses. So housing gluts don't seem to be a common problem. Yes, there was the 2007 crisis. But that's exceptional. If there are jobs locally, people want housing.
27.01.2025 08:22 β π 1 π 0 π¬ 1 π 0
These things are related. Or, more specifically, a lack of homes where people want to live and a lack of ability to afford homes in those places. Detroit houses were pretty cheap, but who wants to live there? The jobs have left and the remaining government is corrupt.
27.01.2025 08:19 β π 0 π 0 π¬ 0 π 0
How do you determine if a price is 'obscene?' There's more demand than supply. Of course the price goes up. You'll have a shortage, in any case.
I mean, we could argue for geoist taxes on the underlying land, but the housing itself is going to be sold or rented at market prices.
27.01.2025 08:16 β π 0 π 0 π¬ 0 π 0
I mean, we *did* move in that direction.
17.01.2025 08:38 β π 1 π 0 π¬ 0 π 0
Still better than what proceeded it.
09.01.2025 18:16 β π 1 π 0 π¬ 1 π 0
Damn, this is so on point.
06.01.2025 17:29 β π 1 π 0 π¬ 0 π 0
What got memory holed. I hear about the 1918 flu pandemic all the time?
06.01.2025 17:27 β π 1 π 0 π¬ 0 π 0
I don't think I use any of those. The maker of Ozempic is Novo Nordisk. I do like the irony of Fox News being sponsored by a company called "Progressive."
19.11.2024 16:26 β π 0 π 0 π¬ 0 π 0
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