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re: Is the "housing shortage" overblown?
Posted on 5/11/24 at 9:34 am to notiger1997
Posted on 5/11/24 at 9:34 am to notiger1997
Crime/ decaying cities take huge anm off inventory off the market. Revitalizing cities- having sensible public policy- ie not allowing Democrats to run cities into the ground - would result in a massive amounts of real estate being available. But if we just have de facto no go zones for law abiding family types, and we keep moving further and further out of cities- we will have to rely on the creation of new construction inventory .
Posted on 5/11/24 at 9:42 am to Lsupimp
quote:
Crime/ decaying cities take huge anm off inventory off the market. Revitalizing cities- having sensible public policy- ie not allowing Democrats to run cities into the ground - would result in a massive amounts of real estate being available. But if we just have de facto no go zones for law abiding family types, and we keep moving further and further out of cities- we will have to rely on the creation of new construction inventory .
Yep. You can hyper localize this and take this right to LSU. Cheap and convenient student housing right off campus and in Tigerland is all now basically off market to students, so these big mega student “luxury” apartment complexes were built farther off campus and cost more. And they have to keep building them to meet student housing demand.
Ghetto shitholes have such big ramifications long term for cities because they are full of perfect older, cheap starter apartments homes that single people or new families would buy, but can’t do so because they aren’t safe. So now they have to pay more to live in more inconvenient locations. It’s sad reality if current America
Posted on 5/11/24 at 10:41 am to Lsupimp
quote:
Crime/ decaying cities take huge anm off inventory off the market. Revitalizing cities- having sensible public policy- ie not allowing Democrats to run cities into the ground - would result in a massive amounts of real estate being available. But if we just have de facto no go zones for law abiding family types, and we keep moving further and further out of cities- we will have to rely on the creation of new construction inventory .
I don’t live in Louisiana, but this idea of urban decay is the exact opposite of what’s happened in Tennessee. 20 years ago downtown Nashville was basically half of what it is now. Downtown Knoxville was almost dead. Areas like East Nashville were dangerous and North Knoxville had very few businesses. Now both downtowns are busy and growing. East Nashville and North Knoxville are filled with millennial homeowners, breweries, and good restaurants. Cities here aren’t decaying, they are thriving
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