Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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SeattleRain@lemmy.world

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They're not vacant, they're just waiting for better matket conditions (lemmy.world)

submitted 1 month ago* (last edited 4 weeks ago) by SeattleRain@lemmy.world to c/housing_bubble_2@lemmy.world

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[–] RootBeerGuy@discuss.tchncs.de 15 points 4 weeks ago (1 children)

True, but it is not just about that there are X million houses emtpy and Y million people homeless. It is also about location of those empty houses. That might not overlap with location of the homeless, and I guess we are not talking about forced relocation here. There is probably still a good overlap of locations of empty houses and homeless and that part needs fixing.

[–] Ashelyn@lemmy.blahaj.zone 15 points 4 weeks ago

See: the Bay Area and most of LA absolutely suffocated by suburban sprawl. You could build higher density residential dwellings, but first you need to tear down a few existing homes, plus get it past all the NIMBYS whose property values might go down if there's not hyperinflated demand.