this post was submitted on 20 Sep 2023
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Quick rail transit to smaller towns outside the big cities would also help with the housing crisis by giving people more options.
We tried that a couple of centuries ago. It was okay, but eventually people grew tried of having to take transportation and moved into dense cities so they could walk everywhere.
It is interesting that our high rate of obesity has us wanting to take transportation again just to avoid having to walk.
I mean, I want to be able to buy a house without having to quit my job or lose my doctors, and until the government does something about short term rentals, speculators, and zoning buying something in the city is impossible.
But sure. Call me lazy.
So buy one. If it is not within walking distance of your life, rent it out, and use the rental income from the house you own to pay your rent.
That you haven't already done so, perhaps buying a home isn't actually what you are looking for?
I want to buy a home to live in, not to become a landlord and leech off of someone elseβs labour.
Also something about higher housing costs.
Not unrelated. Cities have become tremendously less dense as people have moved away from walking. Crank up the density back to more normal levels and prices will come down.