sjandixksn

sjandixksn t1_j4skibl wrote

Reply to comment by stu54 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 literally was saying the opposite.

Real estate professionals would love for there to be nk environmental restrictions. You can't put that on us. That's your average homeowner. Not your re investor or developer.

If you think it is you don't understand as much as you think you do.

1

sjandixksn t1_j4q3zwi wrote

Reply to comment by stu54 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

Not competitors but everyday homeowners. It would certainly increase the wealth of the 1% but you all would have more cheap housing.

Or play the game as is and normal people can buy homes and get into the middle the class that's basically the trade.

−1

sjandixksn t1_j4otpwu wrote

Reply to comment by invisiblink 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'd say lay people with houses yes but not people with investments. I wish they would change zoning laws. I'd be happy to provide more housing, but you can only put 4plexes so many places so we're forced to buy SFH.

If you let us we would build 4plexes on every lot. They're actually worth more than SFH and are valued based on math reasons. Any actual investor wants this because we would actually make more money providing more housing.

0