• LemmyBruceLeeMarvin@lemmy.ml
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    16 hours ago

    It’s not that they can’t build housing. It’s that housing is bought up by private equity and Monopoly prices are set by the algorithm. There are no many vacant homes and apartments being kept vacant to drive up the cost.

    Saying ‘we need to build more houses and deregulation is the key’ only serves the oligarchy

    • FishFace@piefed.social
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      9 hours ago

      How many vacant homes are there, exactly? What does the trend look like? People always say this, but the last half dozen times I checked, vacancy rates in the US (which is always what people are talking about) were falling.

      “Deregulation is the key” is an absolute straw man. We need regulation to enforce the building of affordable housing, and to prevent local authorities from refusing all housing projects due to capture by NIMBYs