Submitted by No-Ganache7168 t3_127532i in vermont
I_producethis t1_jegbrxm wrote
Reply to comment by Necessary_Cat_4801 in Proof that capitalism won’t solve the affordable housing crisis. by No-Ganache7168
You think VT was affordable in 2019? Or exponentially more so than now?
Necessary_Cat_4801 t1_jegfpsn wrote
Definitely not affordable but more so than now.
I_producethis t1_jeggnza wrote
Yeah I mean I'll give you that, I've lived here my whole life, and the real estate market has always been somewhat of a bubble. Maybe you saw the article that was posted in this sub last week, explaining that most of our housing shortage issues are the result of people owning second homes, or that is at least the highest percentage of vacant homes and apartments.
Necessary_Cat_4801 t1_jegw2u2 wrote
I think they're a lot of causes for the shortage. Not building for many years didn't help. Second homes don't help. Gentrification doesn't help.
Viewing a single comment thread. View all comments