Submitted by mikeymiggz t3_z5d3gj in nyc
yoshimipinkrobot t1_ixwqxd2 wrote
Reply to comment by Junk-trash in What Does Queens Need More, a New Park or a New Train Line? by mikeymiggz
Citation
ctindel t1_ixxbpjc wrote
It's not a majority yet but it is growing.
Wowzlul t1_ixxcwxv wrote
To be fair I didn't provide a citation either
Junk-trash t1_ixz3lrc wrote
You can google it but ill do it for you…
Example: https://www.washingtonpost.com/business/interactive/2022/housing-market-investors/
Junk-trash t1_ixz3wp7 wrote
Also google
“Shrinking middle class” “Income to buy a house” “Investors buying single family houses” Etc.
The historical middle class cant afford to buy houses anymore because the investor class drove up the prices with speculation.
yoshimipinkrobot t1_iy0a23w wrote
The first part is true but the second part is not. It’s because liberals want to find a capitalist enemy so they don’t have to take responsibility. The cause is by and large boomers, including liberal ones, opposing the building of new housing in places with jobs. When boomer kids (the biggest generation ever) entered the job market, demand doubled but supply hadnt grown
Junk-trash t1_iy0bpi6 wrote
I dunno about those labels but I thought liberals support capitalism.
The speculation factor is huge. Boomers are also a problem
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