Home Ownership

[Jibartik]

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:

It's supply and demand! Not enough houses to go around so the cost to buy one is way up!

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.]

[Patriam1066]

I own three homes, my son owns three homes, etc

It’s a good investment to Airbnb a second home. Sorry that you have no money, but shit runs down hill sadly

[Patriam1066]

Make Airbnb illegal, that would help. My house in Utah is $800 a night during ski season

[Jibartik]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

Make Airbnb illegal, that would help. My house in Utah is $800 a night during ski season

If I was a communist, I might say there should be a law that says no man has a right to own more than 1 or maybe at best 2 homes.

IF I was a communist [You must be logged in to view images. Log in or Register.]

[Evia]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

Make Airbnb illegal, that would help. My house in Utah is $800 a night during ski season

Nice man I live in UT! Where is your UT home?

[Gwaihir]

Raise property taxes to pay to build homes for the poor that they won't be able to afford the property taxes on.

*Derp

[Byue]

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

Raise property taxes to pay to build homes for the poor that they won't be able to afford the property taxes on.

*Derp

solution? stop this and leave the poor to die on the street.

or, or, let me try this: modulate taxes so the newly built house don't have the same high taxes. (they actually already do that but you know, I wanted to show you that you don't throw the baby with the water, you just throw the water)

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

maybe start with no property tax, and increase it exponentially based on the number of homes you own?

I just dont know if I think home ownership should be the great and safe investment hustle it is. I know it makes lots of people lots of money for very little education and labor, but is that really what we need?

socialist scum.

[Patriam1066]

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

Nice man I live in UT! Where is your UT home?

Outside park city

[cd288]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

Make Airbnb illegal, that would help. My house in Utah is $800 a night during ski season

Is it in park city? That seems pretty cheap if so. I’d rent it out from you lol

[BigChief]

Originally Posted by Patriam1066 [You must be logged in to view images. Log in or Register.]

Make Airbnb illegal, that would help. My house in Utah is $800 a night during ski season

My maid charges $1,200 a night for her place.