We also happen to have an extremely serious homelessness problem, which is not relegated to CA.
Go to any warm state in the country and ride through the parking lots at night. If you are the observant type, you should see an astonishing number of folks living in their vehicles.
And home ownership is not only downward, but no longer part of the American dream for most people now. Storage facilities for many, are a place to lay down, or rent hope that things won't always be "this way".
We need to fix this. It's not just drugs and mental problems anymore.
> IMO high housing prices are destroying civilization.
It's like a game of musical chairs. There aren't enough houses to go around. You go around and the music stops. Everyone scrambles to their nearest chair. Obviously the person on crutches will be the first to fall out of the game. The rest then talk about laziness, drugs, bootstraps, and all the rest. But add 1 more chair and there's no problem, even the dude with the broken leg can sit.
Surely at least part of it is the concentration of wealth and economic activity. There's large masses of decaying rural towns where houses are cheap, but at the same time the whole reason they're decaying is because there just isn't enough economic opportunity to afford even these cheap houses.
I have no clue what the overall balance of housing looks like, but surely it doesn't help that big chunks of the housing market are being deprecated at the same time.
eth0up · · focus · HN ↗
Go to any warm state in the country and ride through the parking lots at night. If you are the observant type, you should see an astonishing number of folks living in their vehicles.
And home ownership is not only downward, but no longer part of the American dream for most people now. Storage facilities for many, are a place to lay down, or rent hope that things won't always be "this way".
We need to fix this. It's not just drugs and mental problems anymore.
api · · focus · HN ↗
<a href="https://worksinprogress.co/issue/the-housing-theory-of-everything/" rel="nofollow">https://worksinprogress.co/issue/the-housing-theory-of-every...
IMO high housing prices are destroying civilization.
Swizec · · focus · HN ↗
It's like a game of musical chairs. There aren't enough houses to go around. You go around and the music stops. Everyone scrambles to their nearest chair. Obviously the person on crutches will be the first to fall out of the game. The rest then talk about laziness, drugs, bootstraps, and all the rest. But add 1 more chair and there's no problem, even the dude with the broken leg can sit.
ricree · · focus · HN ↗
I have no clue what the overall balance of housing looks like, but surely it doesn't help that big chunks of the housing market are being deprecated at the same time.
api · · focus · HN ↗
The economy has hyper-concentrated in a small number of cities and regions.
Telework has helped a little bit to reverse it, but it’s nowhere near enough and it only works for some industries and roles.