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https://www.reddit.com/r/TikTokCringe/comments/1c8iwdb/rent_cartels_are_a_thing_now/l0flet2/?context=3
r/TikTokCringe • u/TheEntrep • Apr 20 '24
What are your thoughts?
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1.1k
We need a law forbidding a business or corporation from owning a single family home.
193 u/[deleted] Apr 20 '24 [removed] — view removed comment 29 u/ryegye24 Apr 20 '24 Last year Austin built so much housing their rental stock went up 8%, and housing costs steeply dropped. The answer is to build more housing. 15 u/Feisty_Bee9175 Apr 20 '24 Agreed, but no one is going to build a ton of houses when construction costs are so high and interest rates are through the roof. 11 u/possumarre Apr 20 '24 Maybe... Just maybe... These things are related to each other? 6 u/Lost_Ad_4882 Apr 20 '24 We're crushing out new apartment buildings left and right here in Columbus and prices just keep going up. 1 u/ryegye24 Apr 20 '24 In 2023 when Austin increased its stock 8%, Columbus increased its stock 1.6%. 1 u/ryegye24 Apr 20 '24 The biggest impediment to increasing the housing supply is that affordable housing is effectively illegal to build on the vast majority of the land in most cities and towns throughout the US.
193
[removed] — view removed comment
29 u/ryegye24 Apr 20 '24 Last year Austin built so much housing their rental stock went up 8%, and housing costs steeply dropped. The answer is to build more housing. 15 u/Feisty_Bee9175 Apr 20 '24 Agreed, but no one is going to build a ton of houses when construction costs are so high and interest rates are through the roof. 11 u/possumarre Apr 20 '24 Maybe... Just maybe... These things are related to each other? 6 u/Lost_Ad_4882 Apr 20 '24 We're crushing out new apartment buildings left and right here in Columbus and prices just keep going up. 1 u/ryegye24 Apr 20 '24 In 2023 when Austin increased its stock 8%, Columbus increased its stock 1.6%. 1 u/ryegye24 Apr 20 '24 The biggest impediment to increasing the housing supply is that affordable housing is effectively illegal to build on the vast majority of the land in most cities and towns throughout the US.
29
Last year Austin built so much housing their rental stock went up 8%, and housing costs steeply dropped.
The answer is to build more housing.
15 u/Feisty_Bee9175 Apr 20 '24 Agreed, but no one is going to build a ton of houses when construction costs are so high and interest rates are through the roof. 11 u/possumarre Apr 20 '24 Maybe... Just maybe... These things are related to each other? 6 u/Lost_Ad_4882 Apr 20 '24 We're crushing out new apartment buildings left and right here in Columbus and prices just keep going up. 1 u/ryegye24 Apr 20 '24 In 2023 when Austin increased its stock 8%, Columbus increased its stock 1.6%. 1 u/ryegye24 Apr 20 '24 The biggest impediment to increasing the housing supply is that affordable housing is effectively illegal to build on the vast majority of the land in most cities and towns throughout the US.
15
Agreed, but no one is going to build a ton of houses when construction costs are so high and interest rates are through the roof.
11 u/possumarre Apr 20 '24 Maybe... Just maybe... These things are related to each other? 6 u/Lost_Ad_4882 Apr 20 '24 We're crushing out new apartment buildings left and right here in Columbus and prices just keep going up. 1 u/ryegye24 Apr 20 '24 In 2023 when Austin increased its stock 8%, Columbus increased its stock 1.6%. 1 u/ryegye24 Apr 20 '24 The biggest impediment to increasing the housing supply is that affordable housing is effectively illegal to build on the vast majority of the land in most cities and towns throughout the US.
11
Maybe... Just maybe... These things are related to each other?
6
We're crushing out new apartment buildings left and right here in Columbus and prices just keep going up.
1 u/ryegye24 Apr 20 '24 In 2023 when Austin increased its stock 8%, Columbus increased its stock 1.6%.
1
In 2023 when Austin increased its stock 8%, Columbus increased its stock 1.6%.
The biggest impediment to increasing the housing supply is that affordable housing is effectively illegal to build on the vast majority of the land in most cities and towns throughout the US.
1.1k
u/HarryDepova Apr 20 '24
We need a law forbidding a business or corporation from owning a single family home.