Bleu
cuttingsea.bsky.social
sometimes i dream about millions of arrows falling from the sky
👤 Joined on 21 junio 2023
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- 21 Haz 2023, 19:52
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@cuttingsea.bsky.social - 10 Kas 2023, 16:07
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My dispute with the YIMBYs isn't that I'm against building housing, just that without substantial nonmarket construction and rent/price controls of some kind, all that new housing will just be sucked up by the giant pools of surplus capital as another investment, not bringing down prices.
Show PostI live in British Columbia we've had years of building out (in Vancouver, often at the expense of upgrading the underlying sewage and other infrastructure to accomodate it) and it hasn't made a dent in obscene rent and housing prices. Only external economic shocks have threatened that bubble.
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