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How private equity is changing housing

(www.theatlantic.com)
115 points harambae | 1 comments | 09 Dec 25 17:26 UTC | HN request time: 0s | source
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postflopclarity ◴[09 Dec 25 18:12 UTC] No.46208345[source]▶
build. more. and this problem will go away.
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quamserena ◴[09 Dec 25 18:54 UTC] No.46208964[source]▶
this sounds nice, but neglects the fact that (1) materials cost has gone up and (2) zoning requirements exist. (1) means its just more expensive to build overall, and (2) means that a lot of proposals for apartment complexes get voted down.
replies(4): >>46209164 #>>46209634 #>>46210061 #>>46210684 #
hypeatei ◴[09 Dec 25 19:08 UTC] No.46209164[source]▶
Part of building more is getting government (mostly) out of it so that things like zoning laws don't hamper new development. Obviously that is very hard to do at a local level when incumbent homeowners' housing values would be cut in half overnight.
replies(3): >>46209619 #>>46209979 #>>46210339 #
1. JuniperMesos ◴[09 Dec 25 20:39 UTC] No.46210339[source]▶
Actual NIMBY/YIMBY fights look like one level of government representing a lot of people who can't afford a primary residence fighting against a different level of government representing a lot of incumbent primary residence owners who are concerned on a personal level about the negative externalities of more people being able to live in their neighborhood. Government is happening no matter what.