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Grim Affiliations
Michael Bordenaro
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Comments by "Grim Affiliations" (@grimaffiliations3671) on "Housing Supply EXPLOSION COMING IN 2025...HERE'S WHY" video.
why would they not have jobs?
28
@CMBBmc-jd6ur no they're up because of limited supply, so all the new inventory will be great
6
@katydid2877 look at vacancy rates though, that tells you housing supply is incredibly limited. Thousands of homes won't cut it when millions are looking for jobs. We need to get rid of all these strict zoning laws
6
if taxation is theft then so if private property
4
@katydid2877 More apartments means less demand for single family homes. And personally i don't think anyone should have the right to tell you what kind of housing you can build on your on land. Property rights matter
3
@katydid2877 Because more people will have other housing options like town homes. At the end of the day, their are millions of people who need housing options, if all you're allowed to build are single family homes, you're never going to bring demand down. A better question than why should apartments get built near me, is why should you get to tell someone else what they should build on their own land? I believe in free markets, not big government market manipulation
2
blue areas are the most in demand, even in red states
1
@gabrielw7773 Because people like Trump keep pushing single family home mandates in our cities and suburbs
1
@ericprieto4348 trump recently came out in favor of single family home mandates, so he clearly wants low supply and high prices
1
yeah, the hyperventilating over a recession was probably premature
1
why isn't my house and job gone now? Dems are already in charge
1
@scottohara9001 same logic
1
@Bluebird8712 hyperbole
1
@bloodyidit4506 retail sales are strong, jobless claims are falling, restaurant bookings are strong, air travel is strong, hotel occupancy rates are high, bank credit growth is accelerating, bankruptcy filings are trending lower, credit card spending is solid, and Broadway show attendance and box office grosses are strong
1
@DavidSamuel-c3h it is supply and demand, the government artificially limits supply of housing, which puts demand through the roof
1
@DavidSamuel-c3h the housing bubble meant that homebuilders massively underbuilt homes in the 2010's. Keeping mortgage rates high has only driven down the supply of existing homes for sale. If the Fed lowers rates, it would spur demand from buyers who have been sitting on the sidelines. Only way out is through more supply. Jerome Powell and company can’t make new homes or apartment buildings appear out of thin air through monetary policy
1
@katydid2877 it helps because it's new supply. New supply increases the vacancy rate which puts negative pressure on prices. Filtering also takes place where more financially capable people move into the new apartments making their old housing available on the market. Housing isn't a strip club, and ultimately affordable apartments are occupied by regular people. Whats worse is blocking so much new housing that you end up with hoards of homeless walking the streets. At the end of the day, someone put their hard earned money into their land, a random neighbourhood busy body shouldn't get to tell them they can't build a duplex
1