@luckytran fuck them, the main reason why we can't build more homes is because 1/3 of all land in the US is controlled by fed gov land management for wild life and bulllshit, we are not talking about beautiful lakes and mountains like Yosemite, we are talking about miles and miles of desert.
@37712 we can’t build homes because private equity, corps & banks have bought up most of the real eastate & are withholding it driving prices up. They don’t want to build infrastructure in the desert, waiting for the government to build new water treatment plants, hospitals etc…only problem is the same companies hoarding land don’t pay taxes for that stuff. 15 yrs back I wanted to buy business property in sanbernadino—nothing left to buy only rent. Just sits there undeveloped.
@skoombidoombis
Without the red tape, there would be a surplus of houses, and the equity firm would lose money on their house investment, causing them to sell their homes and invest their money elsewhere. So, in essence, if you get rid of the gov red tape, the giant equity firms buying all the housing issues go away by itself.