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postpawl | 2 months ago

Building helps, but without addressing who gets to buy the new stock, you're potentially just building inventory for PE portfolios.

discuss

order

osiris970|2 months ago

I don't generally agree, i think they should be able to buy them as well. We can't limit how many homes people own, how do you rent then? What do we classify as "too much" house ownership? 10?100?1000?

postpawl|2 months ago

A mom and pop landlord with 5 rentals doesn't have pricing power. A firm owning 1 in 5 homes in a neighborhood does. That's why antitrust thresholds exist in other industries.

pennomi|2 months ago

We absolutely CAN limit how many homes people are allowed to own. Whether or not we SHOULD is the argument here.

mothballed|2 months ago

Owner-builder rather than for sale. By doing that, I was able to opt out of building codes, inspections, licensing, any building plans, and most the other horse shit that makes it so expensive.

Depends on where you live, but if you build for yourself it's a non-commercial activity which can drop off a lot of red tape. Cost me only ~60k to build a house last year by doing everything myself. I did have to sign an affidavit promising not to sell it in X time to get the county to issue a permit like that.

postpawl|2 months ago

Most people can't build their own home (time, skills, land access, upfront capital for materials). It's like responding to “healthcare is too expensive” with “I just treated my own broken arm”.

osiris970|2 months ago

That's sick, any resources you can point to?