this post was submitted on 11 Aug 2026
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Work Reform

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[–] AdolfSchmitler@lemmy.world 16 points 1 month ago (3 children)

Don't worry, with birth rates dropping like a rock we'll have plenty of extra houses in a couple generations, assuming humanity can make it that far.

[–] schipelblorp@sh.itjust.works 22 points 1 month ago

The other factor with much of our development is that it requires an automobile, automobiles that are consistently getting more expensive to buy and repair. We've really fucked up.

[–] Frozengyro@lemmy.world 10 points 1 month ago* (last edited 1 month ago) (1 children)

No, we'll destroy houses for freeways and data centers. There won't be extra supply.

[–] chonglibloodsport@lemmy.world 6 points 1 month ago

Or they’ll be bought up and turned into rentals. Student houses, Airbnb, etc.

[–] caseyweederman@lemmy.ca 7 points 1 month ago (1 children)

Doubt it. There are plenty of empty houses right now.

[–] matlag@sh.itjust.works 6 points 1 month ago (1 children)

Right now, the folks keeping an empty unit for speculation can afford to keep it empty.

When the less wealthy investors who need to pay a mortgage for their micro-estate empire of 3 units realize the demand is fading, they'll be forced into lowering rental cost and maybe even selling.

China has seen a ginormous housing value appreciation over decades. The population is shrinking and the correction is happening. It is brutal.

[–] caseyweederman@lemmy.ca 5 points 4 weeks ago (1 children)

Well no, they'll sell to cut their losses. To people richer than them.

[–] matlag@sh.itjust.works 5 points 4 weeks ago* (last edited 4 weeks ago) (1 children)

Yeah, that's still possible. Corps should be banned from buying housing units. People who buy more than one should be taxed with an increasing rate for each additional unit.

Edit: typo

[–] caseyweederman@lemmy.ca 2 points 4 weeks ago