▲ 327 ▼ 'America will become a renter nation': Grant Cardone warns the US could see 100-year mortgages — says we might even rent our clothes (finance.yahoo.com) submitted 2 years ago by return2ozma@lemmy.world to c/news@lemmy.world 171 comments fedilink hide all child comments
[+] orcrist@lemm.ee 11 points 2 years ago* (last edited 1 year ago) (3 children) [deleted] permalink fedilink source hideshow 6 child comments replies: [–] SkybreakerEngineer@lemmy.world 8 points 2 years ago Aww, the peasants are unhappy. Better get the lobbyists on the line again permalink fedilink source parent [–] prole@sh.itjust.works 4 points 2 years ago (1 child) You're assuming people won't vote directly against their interests. This is America lol permalink fedilink source parent hideshow 2 child comments replies: [+] orcrist@lemm.ee 1 point 2 years ago* (last edited 1 year ago) [deleted] permalink fedilink source parent [–] SCB@lemmy.world -1 points 2 years ago (1 child) A majority of people should always be renters, and homes should lose value over time if not rehabbed. Until both of those boxes are checked, housing prices will continue to rise. permalink fedilink source parent hideshow 2 child comments replies: [–] Grimy@lemmy.world 7 points 2 years ago (1 child) Why should a majority of people be renters? Prices are high because of hoarding by land barons and corps while we simply don't build enough in my opinion. permalink fedilink source parent hideshow 2 child comments replies: [–] SCB@lemmy.world 0 points 2 years ago If not renters, condo (or something like it) owners. We need to build for density and disincentivize house ownership, because demand exceeds supply by such margins that we are unlikely to resolve it any time in the next generation of we only build houses - plus we are contributing to sprawl and the associated externalities. LA is a warning, not an ideal. permalink fedilink source parent
[–] SkybreakerEngineer@lemmy.world 8 points 2 years ago Aww, the peasants are unhappy. Better get the lobbyists on the line again permalink fedilink source parent
[–] prole@sh.itjust.works 4 points 2 years ago (1 child) You're assuming people won't vote directly against their interests. This is America lol permalink fedilink source parent hideshow 2 child comments replies: [+] orcrist@lemm.ee 1 point 2 years ago* (last edited 1 year ago) [deleted] permalink fedilink source parent
[+] orcrist@lemm.ee 1 point 2 years ago* (last edited 1 year ago) [deleted] permalink fedilink source parent
[–] SCB@lemmy.world -1 points 2 years ago (1 child) A majority of people should always be renters, and homes should lose value over time if not rehabbed. Until both of those boxes are checked, housing prices will continue to rise. permalink fedilink source parent hideshow 2 child comments replies: [–] Grimy@lemmy.world 7 points 2 years ago (1 child) Why should a majority of people be renters? Prices are high because of hoarding by land barons and corps while we simply don't build enough in my opinion. permalink fedilink source parent hideshow 2 child comments replies: [–] SCB@lemmy.world 0 points 2 years ago If not renters, condo (or something like it) owners. We need to build for density and disincentivize house ownership, because demand exceeds supply by such margins that we are unlikely to resolve it any time in the next generation of we only build houses - plus we are contributing to sprawl and the associated externalities. LA is a warning, not an ideal. permalink fedilink source parent
[–] Grimy@lemmy.world 7 points 2 years ago (1 child) Why should a majority of people be renters? Prices are high because of hoarding by land barons and corps while we simply don't build enough in my opinion. permalink fedilink source parent hideshow 2 child comments replies: [–] SCB@lemmy.world 0 points 2 years ago If not renters, condo (or something like it) owners. We need to build for density and disincentivize house ownership, because demand exceeds supply by such margins that we are unlikely to resolve it any time in the next generation of we only build houses - plus we are contributing to sprawl and the associated externalities. LA is a warning, not an ideal. permalink fedilink source parent
[–] SCB@lemmy.world 0 points 2 years ago If not renters, condo (or something like it) owners. We need to build for density and disincentivize house ownership, because demand exceeds supply by such margins that we are unlikely to resolve it any time in the next generation of we only build houses - plus we are contributing to sprawl and the associated externalities. LA is a warning, not an ideal. permalink fedilink source parent