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LancesArmorStriking
The Majority Report w/ Sam Seder
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Comments by "LancesArmorStriking" (@LancesArmorStriking) on "Real-Life Vampire Stephen Miller Delivers Absolutely Chilling Response At CPAC" video.
@glumreaper8885 In many instances developers help set the rents of the prospective tenants. They are incentivized to push them as high as possible because they usually get a percentage of the rent (as compensation for building). New housing en masse might have a net effect on prices, but at the moment we basically have rent control in reverse.
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Not really easy right now and no easy way to solve it besides massive government subsidies. Labor is too expensive (by the standards of developers) to make a hefty profit. The only way they can stay in the black is if they commit to luxury high-rises or opt to repair existing homes (which has zero overhead and is much more profitable). So unless we start subsidizing new construction, housing will always be scarce and expensive.
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The Pistachio
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