Evilphd666 [he/him, comrade/them] to news • edit-24 months agoInvestors bought 1 out of every 4 affordable homes last quarterexternal-linkmessage-square34 fedilinkarrow-up1186file-text
arrow-up1186external-linkInvestors bought 1 out of every 4 affordable homes last quarterEvilphd666 [he/him, comrade/them] to news • edit-24 months agomessage-square34 Commentsfedilinkfile-text
minus-squarecontext [fae/faer, fae/faer]Mhexbear10·4 months agoand banks and developers know there's more money in single family sprawl, especially when they can convince local municipalities to cut them sweet tax incentives to build more homes to address the housing affordability crisis... link
minus-squarebuckykat [none/use name]hexbear10·4 months agoAnd the fact that maintaining the suburb after it's built is unsustainable and requires being subsidized by the city doesn't matter to them at all link
and banks and developers know there's more money in single family sprawl, especially when they can convince local municipalities to cut them sweet tax incentives to build more homes to address the housing affordability crisis...
And the fact that maintaining the suburb after it's built is unsustainable and requires being subsidized by the city doesn't matter to them at all