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[-] SCB@lemmy.world 3 points 1 year ago* (last edited 1 year ago)

Realtors with more property to sell make more than realtors with less property to sell. Do you know actual realtors? The vast majority are not selling a few multi-million houses and calling it a year.

Look at what they lobby for: https://www.nar.realtor/advocacy/federal-advocacy/all-federal-issues

A recent NAR study estimates that the U.S. has developed an "underbuilding gap" of at least 5.5 million housing units over the last 20 years. This translates into more than $4 trillion in underinvestment in housing. Even relatively modest steps taken now to reduce this gap will unleash tremendous economic activity and create millions of new jobs.

Multi-family housing proposals are a core plank of their program, for instance - and yet politicians don't listen to them because their constituents don't want them to

I'm not sure what you think you're arguing when you call me out my link then share data that agrees with my link.

Your preconceived notions are incorrect, and lying about data doesn't make it correct

[-] mrginger@lemmy.world 1 points 1 year ago

Yes I do. None of them are selling affordable single family homes.

As a matter of fact multi-family housing is leading a housing construction "boom" as of articles published 6 days ago.

Here's a quote from MReport:

Further, almost two-thirds of the apartments build during the pandemic are clustered in just 20 high-growth metropolitan areas, which make up about 41% of the total renter population in the U.S. Therefore, for many other places, the new supply barely made a dent in the existing supply. What's more, around 89% of the apartments completed in the last three years are high-end and, thus, target upper-middle- and high-income buyers and renters.

So they are building "multi-family homes", but targeting, wait for it, people with lot's of money.

So you quit lying.

Come to think of it, you're singling out the and focusing on the real estate angle pretty hard. Why is that?

this post was submitted on 27 Aug 2023
1788 points (100.0% liked)

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