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115 points harambae | 1 comments | | HN request time: 0.195s | source
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postflopclarity ◴[] No.46208345[source]
build. more. and this problem will go away.
replies(3): >>46208466 #>>46208964 #>>46212576 #
ryanmcbride ◴[] No.46208466[source]
Not if private equity just snatches it all up.

Yes build more. Also regulate the oligarchs until they no longer exist.

replies(2): >>46208630 #>>46210472 #
api ◴[] No.46208630[source]
PE buying real estate is a long bet on housing prices. If supply increases enough, prices flatten out and then fall, and the longs get crushed.

These investments are a bet on continuing to under-build and under-densify.

replies(4): >>46209168 #>>46209367 #>>46209598 #>>46209860 #
ryanmcbride ◴[] No.46209367[source]
Sounds like trickle down housing to me.

Me: "should we stop allowing private equity to hold property?"

My Strawman: "nah let's build more houses to be snatched up by private equity, that way eventually maybe they'll be really nice and decide to lower prices for us someday due to the infallible balance of supply and demand that definitely hasn't been rigged to hell over the past half century. They certainly won't just continue to rig the system to benefit themselves"

replies(1): >>46209912 #
1. gruez ◴[] No.46209912[source]
>to the infallible balance of supply and demand that definitely hasn't been rigged to hell over the past half century

How has "supply and demand" been "rigged"? A lack of supply isn't evidence of "supply and demand" being "rigged", it's it working exactly as predicted, not any different than oil prices going up when there's some geopolitical event threatening supply.