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Really, ….. it's my fault they built a terrible system?
(lemmy.world)
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As a NIMBY guy...I'm going to protect my investment. There's plenty of affordable housing out there, it's just not 10 minutes walking distance from an urban center.
I can go pay 20k cash and live in a trailer across town if I need to.
Edit: If you want to do it that way, you can rent said trailer for a pittance. I'd suggest you do, you won't want to be there long.
Everyone wants low cost housing, no one actually wants to live in a low cost area.
That’s kinda the problem, don’t you think? Your material interests have been set in opposition to people who want affordable housing in the area.
Sure, but let's say you build a section 8 settlement next to my house. I'm moving...immediately, and so are all the neighbors.
The entire market there plummets and you end up with Detroit.
So great, you solved the problem for a decade. Now what?
Honestly, that would be great news, and I hope you know many Americans would support deregulation of zoning laws for exactly this effect. A drop in housing prices is exactly what we need. People treating home ownership as an investment are the problem, home ownership should be more like owning a car: it's a commodity, not an investment. We should not be subsidizing poor financial decisions, I feel bad for everyone wrapped up in it, but ultimately the system we're in has been broken for a long, long time