• kameecoding@lemmy.world
    link
    fedilink
    arrow-up
    21
    arrow-down
    1
    ·
    1 year ago

    it’s not detached from supply at all, single house zoning and mandatory minimum parking make for a whole lot of trouble in the US

    • Nurgle@lemmy.world
      link
      fedilink
      arrow-up
      9
      arrow-down
      1
      ·
      edit-2
      1 year ago

      Again I’m not saying supply isn’t an issue, and zoning is def a major problem in many states. But if the issue was only supply, rent would be growing more or less in line with the population not at the astronomical rate that it is.

      • kameecoding@lemmy.world
        link
        fedilink
        arrow-up
        1
        arrow-down
        3
        ·
        1 year ago

        yeah but due to immigration the population is growing in the USA, AFAIK, also you need to account for the trend of Urbanization (somewhat offset by move to WFH)

    • dangblingus@lemmy.dbzer0.com
      link
      fedilink
      arrow-up
      2
      arrow-down
      1
      ·
      edit-2
      1 year ago

      When Vanguard and Blackrock own half of the supply, then it’s not a free market. Also, you said it’s not detached from supply at all, but then proceeded to list reasons detached from supply that affect cost.