Do you think we will ever have affordable housing again in our lifetime? - eviltoast

Considering how crazy expensive accommodations have become the last couple of years, concentrated in the hands of greedy corporations, landlords and how little politicians seem to care about this problem, do you think we will ever experience a real estate market crash that would bring those exorbitant prices back to Earth?

  • intensely_human@lemm.ee
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    1 year ago

    Investment is exactly what we need. We need more people to see building housing as a good investment, in order to get more housing.

    The only other option is forcing people at gunpoint to build housing, and that only works for a couple of months then backfires.

    • hglman@lemmy.world
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      1 year ago

      But keeping supply low is more profitable. There isnt going to be an expansion of housing without a change in the rules of the game.