wiserd.bsky.social
@wiserd.bsky.social
1. Most houses are vacant because they are being sold or rented. Some are being renovated.

2. Demand is pretty objectively high.

3. If you can get all the homeless to move to Detroit, more power to you. The high demand is in areas that people want to live in.
January 27, 2025 at 8:30 AM
How would you change zoning laws?
January 27, 2025 at 8:27 AM
The term 'vacant' is deceptive. If a house is vacant because someone is trying to sell or rent it, that's not grounds to try and give it away. It needs to be vacant. And some are not inhabitable. Also, you're not going to get all the homeless to move to Detroit.
January 27, 2025 at 8:26 AM
I wonder about this. Housing prices increase because of demand, but the most expensive houses are in places with lots of other houses. So housing gluts don't seem to be a common problem. Yes, there was the 2007 crisis. But that's exceptional. If there are jobs locally, people want housing.
January 27, 2025 at 8:22 AM
These things are related. Or, more specifically, a lack of homes where people want to live and a lack of ability to afford homes in those places. Detroit houses were pretty cheap, but who wants to live there? The jobs have left and the remaining government is corrupt.
January 27, 2025 at 8:19 AM
How do you determine if a price is 'obscene?' There's more demand than supply. Of course the price goes up. You'll have a shortage, in any case.

I mean, we could argue for geoist taxes on the underlying land, but the housing itself is going to be sold or rented at market prices.
January 27, 2025 at 8:16 AM
I mean, we *did* move in that direction.
January 17, 2025 at 8:38 AM
Still better than what proceeded it.
January 9, 2025 at 6:16 PM
Damn, this is so on point.
January 6, 2025 at 5:29 PM
What got memory holed. I hear about the 1918 flu pandemic all the time?
January 6, 2025 at 5:27 PM
I don't think I use any of those. The maker of Ozempic is Novo Nordisk. I do like the irony of Fox News being sponsored by a company called "Progressive."
November 19, 2024 at 4:26 PM