LogFAQs > #950318157

HeroDelTiempo17 posted...

Rent is an issue of the market being trash. There's not enough affordable housing, developers seek profits and so increase the rent or build more expensive apartments, low financial incentives to build low-income housing to demand and to top it all off nobody wants it to be built near them once you clear the rest of the hurdles.

This is something UBI helps with but doesn't effectively solve because the real problem are these structural issues. Could work as a quick bandaid for a while until housing is built, though.

honestly the housing doesn't even need to be built, just used. like right now cities like nyc are completely messed up on rent prices and covid proved a few different reasons why prices are massively artificially inflated. one group of people would rent multiple apartments just to say they were renting them or as a third city home. another group would rent places to be airbnbs. while some elements are 'let the market decide,' other elements just don't make any sense right now and even my old ass building has at least 5 vacancies because the rent's too high and it hasn't had that issue in 30 years.

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"Maybe it's a tentacle, molesting the planet itself. - Aschen Brodel.