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bendergarcia | 2 years ago

It’s so simple:

Real estate is investment and no one ever wants their investments to devalue. And the only way to slow stop or even decrease housing is to devalue it by building beyond what’s needed. No investor will ever do that.

It is capitalism in its purest form. And no kind of free market will fix this issue.

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rank0|2 years ago

Anytime you think you have a simple explanation for a complex problem it should raise red flags in your head.

Developers absolutely want to build and sell as many homes as possible.

Private enterprise is literally what created all the shelter in the first place. Who else is gonna build shelter? It definitely isn’t gonna be the government…