▲ | zer00eyz 3 days ago | |||||||
> Voters don't actually want house prices to come down. You have this wrong. > Somehow the homeowners almost always win against the renters First lets look at homeownership rates: https://fred.stlouisfed.org/series/RSAHORUSQ156S Home ownership is a functionally unmovable number staying around 63% Home owners are in the majority. Do you know what one of the biggest predictors of voting is? It is home ownership and local elections with zoning issues (or things that might impact home values) will drive turn out: https://www.gsb.stanford.edu/insights/if-you-lived-here-you-... Meanwhile to the original article, 80s TV like Golden Girls (shared housing) and Boosom Buddies (boarding houses) are quaint historic notes, the reality is that our use of housing stock has made the problem of where to live worse: https://www.census.gov/library/stories/2023/06/more-than-a-q... When you dig down into the data, the article is highlighting a real problem. We have destroyed a lot of historical co-habitation that kept the system working and healthy. We did this with zoning (getting rid of high density to prop up home values) banning types of housing (dense single room, affordable) and making other types impossible (owning a home and renting a room or two, people dont do this because of tenants rights issues). | ||||||||
▲ | standardUser 3 days ago | parent [-] | |||||||
> Voters don't actually want house prices to come down. >> You have this wrong. But you don't refute this, if anything you make the case that, since the majority are homeowners, they would of course want ever-increasing home values. And it's common knowledge that homeowners assume/depend on rising values as part of their purchasing decision. | ||||||||
|