this post was submitted on 03 Sep 2023
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The solution is to build more housing.
That is part of the solution, the othee part is not letting a foreign owner buy a place and leave it vacant.
So BlackRock can buy it and rent it out to people for $3,000 a month? What use is more housing if rich people who own 1,000 houses are just going to buy it? The solution is more complicated.
The solution is complicated because people can't agree on the problem.
As with your comment and subject of the article there is plenty of people that are perfectly happy with the housing crisis as long as the remain to the favourable side of it.