• frezik@midwest.social
      link
      fedilink
      arrow-up
      1
      ·
      edit-2
      10 months ago

      If you can’t answer that question, then you can’t decide on the correct course of action.

      Vacancy rates in cities suggest the answer is that the empty homes are someplace else. The correct course of action, therefore, is building more in cities.

      • GhostFence@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        10 months ago

        But if you do build them in cities, the investors simply come and snap them up. Then you’re back to square one.

        • frezik@midwest.social
          link
          fedilink
          arrow-up
          1
          ·
          10 months ago

          If that were true, we also wouldn’t see a low vacancy rate. It does happen, but not at a high enough level to substantially effect prices. I’d still totally support a law limiting how corporations can buy and flip homes. There’s just not much evidence that it’s widespread.