You: rents are high because there aren’t enough apartments in my fabulous west coast city
Me: you are like a baby. Watch this:

Increasing supply of housing will never reduce rents or homelessness as long as housing is treated as a speculative instrument instead of a basic human right, sorry yimby sweeties


@alex i read a good piece in Curbed a while back that pointed out that the idea buying a house as a form of investment requires property values to increase faster than inflation, which is exactly the opposite of what's needed to keep housing affordable. i wish i could find the article; it perfectly illustrated how the two main axes of housing policy are fundamentally opposed.

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