cantdressherself t1_j50xjvy wrote on January 19, 2023 at 5:10 PM

Reply to comment by [deleted] in New apartment buildings in low-income areas lead to lower rents in nearby housing units. This runs contrary to popular claims that new market-rate housing causes an uptick in rents and leads to the displacement of low-income people. by smurfyjenkins

I fantasize sometimes about becoming a billionaire and buying up apartments and setting the rent below market rate.

[deleted] t1_j50y9kz wrote on January 19, 2023 at 5:14 PM

i have a similar dream haha. Id love to win the lottery and build beautiful walkable affordable mixed zone neighborhoods that promote small businesses

I honestly don't think itd be profitable but if I had the money I'd pay people to bring their business there. like butchers and bakeries and grocery and coffee shops. they probably can't survive on the business of 1 neighborhood but id just pay them to stay haha