Current Events > It's wild now when you make more housing, rents drop

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emblem-man
04/26/24 10:53:21 AM
#1:


/s
Obviously not wild, it's actually very expected. What's wild is that other cities aren't also streamlining permitting, upzoning the city, and eliminating parking mandates.
Tons of housing went up and rents are plummeting.

https://gamefaqs.gamespot.com/a/forum/0/078012bb.jpg

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nekrodev
04/26/24 10:59:53 AM
#2:


"Your government does not care about you
The people in power do not care about you
Understand that! Power to the people!" - Vinnie Paz

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uwnim
04/26/24 11:09:43 AM
#3:


emblem-man posted...
/s
Obviously not wild, it's actually very expected. What's wild is that other cities aren't also streamlining permitting, upzoning the city, and eliminating parking mandates.
There are cities that arent just not doing that, but actively fighting against that stuff.


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bigblu89
04/26/24 11:12:23 AM
#4:


It's almost as if the market is dictating the price.

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MisterPengy
04/26/24 11:12:44 AM
#5:


emblem-man posted...
What's wild is that other cities aren't also streamlining permitting, upzoning the city, and eliminating parking mandates.

I think it's pretty clear by now that prices are being kept high on purpose.

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UnsteadyOwl
04/26/24 11:14:39 AM
#6:


There's a lot of NIMBYism that's getting in the way of building more housing. That sucks, because high housing costs are primarily a supply and demand issue and increasing supply is what works to bring prices down.

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emblem-man
04/26/24 11:14:40 AM
#7:


MisterPengy posted...
I think it's pretty clear by now that prices are being kept high on purpose.

By homeowners who actively work to keep housing from being built, yes.

uwnim posted...
There are cities that arent just not doing that, but actively fighting against that stuff.
Yep

bigblu89 posted...
It's almost as if the market is dictating the price.

https://images.app.goo.gl/6jX1WZuftFRxeCwZA


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emblem-man
04/26/24 11:15:50 AM
#8:


The headlines of the article is also kind of funny.
It frames it as a negative thing that rents decreased

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emblem-man
04/26/24 1:57:36 PM
#9:


Bump

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emblem-man
04/26/24 8:13:03 PM
#10:


https://gamefaqs.gamespot.com/a/forum/b/b2e87c84.png

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