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How private equity is changing housing

(www.theatlantic.com)
115 points harambae | 2 comments | 09 Dec 25 17:26 UTC | HN request time: 0.001s | source
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postflopclarity ◴[09 Dec 25 18:12 UTC] No.46208345[source]▶
build. more. and this problem will go away.
replies(3): >>46208466 #>>46208964 #>>46212576 #
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 #
greenie_beans ◴[09 Dec 25 20:17 UTC] No.46210061[source]▶
also neglects the market's appetite for this risk of building in the current environment, which is the biggest problem. market gonna act like a market
replies(1): >>46214214 #
1. postflopclarity ◴[10 Dec 25 04:52 UTC] No.46214214{3}[source]▶
market has plenty of appetite but it's muzzled by selfish and short-sighted NIMBYs
replies(1): >>46220983 #
2. greenie_beans ◴[10 Dec 25 17:55 UTC] No.46220983[source]▶
exactly wrong based on my argument. did NIMBYs cause the dramatic drop in building after the great financial crisis? (no)