this post was submitted on 16 Aug 2023
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A Boring Dystopia
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As a NIMBY guy...I'm going to protect my investment. There's plenty of affordable housing out there, it's just not 10 minutes walking distance from an urban center.
I can go pay 20k cash and live in a trailer across town if I need to.
Edit: If you want to do it that way, you can rent said trailer for a pittance. I'd suggest you do, you won't want to be there long.
Everyone wants low cost housing, no one actually wants to live in a low cost area.
That’s kinda the problem, don’t you think? Your material interests have been set in opposition to people who want affordable housing in the area.
Sure, but let's say you build a section 8 settlement next to my house. I'm moving...immediately, and so are all the neighbors.
The entire market there plummets and you end up with Detroit.
So great, you solved the problem for a decade. Now what?
I would love for the market to plummet where I'm at. Housing as an investment that outpaces wage is a primary problem here, if it crashed maybe half my income wouldn't go to rent, and more and more people wouldn't be pushed to the streets while people's "investments" sit around empty, as they search for the perfect petless, 6 figure making tenant.
I should clarify...this is my only home. I'm anti-corpo buying property. It's not like my 2nd home or I'm renting something out.
I have one house...I saved for 20 years to buy it, and I'll be paying another 10 on it...it would destroy me if it lost 1/2 it's value.
But because of that you are against the idea that it just shouldn't take 20 years of saving and 10 years of payments for someone to have a decent home?