How many properties is BH sitting on unsold? How many are going to open up with the death of the Boomer homeowner generation?
Between 13.1 million and 14.6 million Boomers are projected to “exit homeownership” between 2026 and 2036. Who will own those homes when they are gone?
it’s literally illegal for more to be built
Show my the corner is the country where it is illegal to build new homes
We have, if anything, an enormous vacant housing surplus. What we lack is jobs paying at the going mortgage rate
There are dumb laws in some places privileging things like sfh over apartments, to the point of exclusion. But more to their point:
i stubbed my toe, so this giant steel I beam that has impaled me is helping actually. I need the ton if steel currently pressing up against my remaining lung and protruding 20 feet in front of and behind me, or i wont be able to walk.
Show my the corner is the country where it is illegal to build new homes
Just look at any zoning map. It’s all the (usually) yellow parts, i.e. the single-family-zoned areas, which make up the vast bulk of most cities’ residential land area.
We have, if anything, an enormous vacant housing surplus.
Sure, in the exurbs nobody actually wants to live in!
Are you claiming that you can’t build homes in a residential neighborhood?
After the lots have already had single-family houses on them and you aren’t allowed to subdivide or replace them with multifamily buildings? Yes! That’s exactly what I’m claiming!
Every single-family house in the close-in parts of the city represents the physical displacement of multiple families that could have lived in that space if it had been a multifamily building instead. Those families are literally forced further out into the suburbs, and then have to commute back in. That’s where the traffic, high prices, lack of walkability, pollution, obesity crisis due to sedentary lifestyles, etc. etc. etc. ad nauseum all come from!
How many properties is BH sitting on unsold? How many are going to open up with the death of the Boomer homeowner generation?
Between 13.1 million and 14.6 million Boomers are projected to “exit homeownership” between 2026 and 2036. Who will own those homes when they are gone?
Show my the corner is the country where it is illegal to build new homes
We have, if anything, an enormous vacant housing surplus. What we lack is jobs paying at the going mortgage rate
There are dumb laws in some places privileging things like sfh over apartments, to the point of exclusion. But more to their point:
Just look at any zoning map. It’s all the (usually) yellow parts, i.e. the single-family-zoned areas, which make up the vast bulk of most cities’ residential land area.
Sure, in the exurbs nobody actually wants to live in!
Are you claiming that you can’t build homes in a residential neighborhood?
The exurbs were very popular during COVID work from home
After the lots have already had single-family houses on them and you aren’t allowed to subdivide or replace them with multifamily buildings? Yes! That’s exactly what I’m claiming!
Every single-family house in the close-in parts of the city represents the physical displacement of multiple families that could have lived in that space if it had been a multifamily building instead. Those families are literally forced further out into the suburbs, and then have to commute back in. That’s where the traffic, high prices, lack of walkability, pollution, obesity crisis due to sedentary lifestyles, etc. etc. etc. ad nauseum all come from!