Home Ownership

[Wrekt]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

I am having a hard time understanding the housing market.

I often hear this one response when someone points out that millennials can't afford to buy one:



But.. Am I the only one that is like, wait we're at maximum occupancy here? There are more people than homes can be built? [You must be logged in to view images. Log in or Register.]

Like...

Are we at a lack of supply because we could have many more houses than we have, but we just wont build them?

Or are we at a lack of supply because we're reaching maximum occupancy and no mater how you shake it, we're screwed?

I just seem to think that if we have more demand than we have supply of homes, that it's not a solvable solution.

Do we think that new towns are going to open up in Nebraska and that will solve the housing issue?

I just dont see how supply of homes being a problem can just be fixed. [You must be logged in to view images. Log in or Register.]

"Based on currently available numbers, there are about 31 vacant housing units for every homeless person in the U.S."

https://checkyourfact.com/2019/12/24...-vacant-homes/

move to resolved.

To summarize for the idiots out there - it's capitalism.

Take from the rich and give to the poor using government powers or this is what you get. no way around it

you think the rich will willingly take care of the poor? they haven't

they didn't earn it. each billionaire, save for warren buffet that fucking mutant, was given a HUGE handout from parents.

i don't mind inheritances and success, but let's be reasonable.

norway has a similar billionaire per capita of the usa and they have MUCH better social safety nets.

kuwait does a UBI, we can't? we poor?

ameripoors - can't even afford health care, housing and food for its people.

ameripoors - a country with a GDP the size of texas pwned us so fking hard. we're the lol of the world