It's a fucking start I guess. I live in the suburbs and as I mentioned before, houses on our block are now worth three or four times what they were when we bought this one less than a decade ago
I mean this isn't bad, this just isn't going to do almost anything to the actual housing affordability crisis.
More density is good, though.
Its not like they are confiscating Joe Whitemann's two side yard and garage to build multigenerational housing for Afghanistani refugees.
More just gobbling up the old McMansions of elderly boomers with all that cheap Fed lending money and turning them into cheaply built Five-Over-One slums that'll deteriorate and collapse over the next 20 years.
The Boomers will make out like bandits for another decade, then die and leave their estates to... an assortment of failsons and grifters, most likely. The next generation will be told to choose between downsized 80s-era ethnic enclaves or pricy-as-fuck urban supercenters. A few more waves of economic contortion will have us all digging ditches on the side of the road for a federally subsidized minimum wage (because god forbid we get any inflation) while Shovel Corp stocks skyrocket. And then the next generation will hate us at least as much as we ever hated our parents for leaving everything in such a state.
California is fucked lol, if this place ever goes communist we're going to have to bulldoze like 75% of the state
Make suburbs dense and create schools and services within walking distance, add transit, and this is fine.
In lieu of that this will simply create satellite communities with all the same problems as the suburbs except tinier lawns.
I just moved to one of these. I can't imagine what would happen to parking with increased density in that situation. It is like everything bad reinforces each other thing.
Oh the nightmare is far from over, but this is a very small step.
Why do you Americans build most of your houses out of that weird wood structure ? I can't help but think it'll produces building that won't last (though maybe I'm wrong). Most of old buildings were I live are made out of bricks and they're still perfectly livable hundreds of years later.
most of the country suffers from natural disasters on a scale largely unheard of in europe (tornadoes, hurricanes, earthquakes) yet we have brick houses while they have wooden shit that gets blown over by a breeze. it makes no sense
That’s one reason why houses are made cheaply, it doesn’t make financial sense to pour money into more expensive housing that’s just going to get destroyed. It’s much cheaper in many places to just rebuild. I should note that keeping prices as they are is a policy goal.
why build a structure that will stay up 200 years when the 'investor' (first owner) wont live that long? just gotta send it down the line and make money
Only idiots build things that are made to last, that's how you put yourself out of a market!
Secondly, only idiots build houses for people to live in, these are just put here to be sold.
Because building good houses costs too much money for developers who want to build fast and gtfo
The Five-Over-Ones are coming! The Five-Over-Ones are coming!
Thank God, almighty! We're saved!