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Experts said that wealthy investors with second or third properties are pricing out first-time homebuyers and reducing the overall housing supply in the real estate market.
Theres no one single issue, but all of the above happening at once AND a population boom at the same time to top it off. We need an all-of-the-above approach to fix it too. Remove zoning restrictions, make lending for multiplexes easier, build public housing as fast and as much as possible, and found new towns… to name a few.
Theres no one single issue, but all of the above happening at once AND a population boom at the same time to top it off. We need an all-of-the-above approach to fix it too. Remove zoning restrictions, make lending for multiplexes easier, build public housing as fast and as much as possible, and found new towns… to name a few.
More builds won’t solve anything until we get investors out of housing.