Comments by "alex smith" (@alexsmith-ob3lu) on "" video.

  1. Here are the “issues”: 1) More people benefit from high housing costs than vice versa. If you are a business owner or employe or self-employed in banking, insurance, local government, contracting, developer, real estate agent, home owner, landlord who owns several triplex rental units etc. you benefit massively from high home costs. Only people who do not benefit are the poor and renters. 2) Stagnant zoning codes are a big problem many do not see. Especially permitting and taxes associated with new construction that adds up the base price. 3) New built condos will always be expensive no matter what. New construction has always been like that. 4) Labor shortages in skilled trades and engineering are another contributing factor to high home costs. Everyone knows of the shortage of experienced plumbers, electricians, carpenters, cement masons, and HVAC techs, but highly specialized engineers are in short supply too. Especially HVAC engineers who are desperately needed for designing the complicated HVAC systems for new built condos.
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