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America needs to look less like this:
https://i.postimg.cc/6QRv7q3Y/IMG-5088.jpg
https://i.postimg.cc/9MLFzHGL/IMG-5093.png
https://i.postimg.cc/Jnrz1zBy/IMG-5095.jpg


And more like this so we can efficiently pack in as many migrants as possible

https://i.postimg.cc/x8jJFPP4/IMG-5092.jpg
https://i.postimg.cc/85SrLGfD/IMG-5091.webp
https://i.postimg.cc/DzdzkXmk/IMG-5098.jpg
https://i.postimg.cc/q70kLvwm/IMG-5099.webp

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Ok.

Now check this out.

https://www.ar15.com/media/mediaFiles/219476/1000008164-3203851.png

It goes way deeper than just 2008.  Look at how many housing starts we had.

What happened?

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People realized we massively overbuilt


https://i.postimg.cc/mZqBnwV1/IMG-5101.png

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That's 2008 and on.  Look at the 70's and 80's housing starts.

We had a MUCH higher start per capita and then it.... stopped.

What changed?

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Birth control

https://i.postimg.cc/YS9tVscg/IMG-5102.png

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How does birth control affect housing starts?

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What’s to prevent a company that owns 100,000 homes from just starting multiple companies with 999 homes each?  I work with a guy that owns 6 rental properties and each property is an independent LLC.

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This 100%.

It is a slippery slope. I'm not saying you can't have rental properties or something but there has to be a balance between Joe Arfcommer with a handful of properties that creates some income/investment vs China and Blackrock buying up $400B worth of property and artificially fucking the market.

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..Because you don't need to build as many houses when people are having fewer children.

Just live your strong, independent, girlboss era in an apartment

https://specials-images.forbesimg.com/imageserve/5e1519de9318b80006937b04/960x0.jpg?fit=scale
https://i.postimg.cc/7P1j3ndy/IMG-5104.png

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*looks around the US* Where exactly is this capitalism that you speak of? Do you think we have capitalism right now? *here's a hint, we don't*.

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So we agree: Government intervention bad, right?

Quoted:


Fair point.  I'll give you that as a partial cause for the lack of housing starts.

A big part of the housing shortage right now is simply red tape.

Things like Rent Control, Zoning and NIMBY's have made it far more expensive to not only buy, but simultaneously BUILD a house.

When we're looking at addressing these problems it's important to remember that it's the GOVERMENT that's causing a lot of the issues.

Rent control came about because A LOT OF PEOPLE WANT TO LIVE IN NEW YORK CITY and demand skyrocketed. When demand goes up.... prices are going to go up. When New York introduced Rent Control to stop these "greedy" real estate tycoons the new supply simply stopped. Developers quit building new buildings because they couldn't charge appropriately.

Every law the government passes has consequences beyond the initial problem and as we have seen time and time again it's basically always putting us in a worse position.

TLDR we shouldn't pass more laws at the Federal level.  Basically all the problems we have are from huge behemoth that we keep asking to govern us harder.

Instead we should repeal laws that effectively stifle housing development.

The Feds as everyone on this website loves to post, are retarded and will put us in a worse position.

Quoted:
What’s to prevent a company that owns 100,000 homes from just starting multiple companies with 999 homes each?  I work with a guy that owns 6 rental properties and each property is an independent LLC.

Quoted:
mixed.

I am opposed to foreign entities owning residential, farm land, etc. though.

Quoted:


what the hell are you talking about. they mention nothing about private homeowners

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Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.

Democrats in the U.S. Senate and House have sponsored legislation that would force large owners of single-family homes to sell houses to family buyers. A Republican’s bill in the Ohio state legislature aims to drive out institutional owners through heavy taxation.
Lawmakers in Nebraska, California, New York, Minnesota and North Carolina are among those proposing similar laws.

While homeowner associations for years have sought to stop investors from buying and renting out houses in their neighborhoods, the legislative proposals represent a new effort by elected officials to regulate Wall Street’s appetite for single-family homes.
These lawmakers say that investors that have scooped up hundreds of thousands of houses to rent out are contributing to the dearth of homes for sale and driving up home prices. They argue that investor buying has made it harder for first-time buyers to compete with Wall Street-backed investment firms and their all-cash offers.

Investors of all sizes spent billions of dollars buying homes during the pandemic. At the 2022 peak, they bought more than one in every four single-family homes sold, though more recently their activity has slowed as interest rates rose and supply became tighter. Two of the largest home-buying firms, Invitation Homes and AMH, are publicly traded companies, while a number of other companies, backed by private equity, hold portfolios of tens of thousands of homes nationwide.
Companies that buy single-family homes say their businesses provide renters the opportunity to live in desirable neighborhoods where they otherwise couldn’t afford to buy.

With home prices and rents near record highs around the U.S., legislators and officials at all levels of government have become more active on housing issues. States have passed new measures to fund more affordable housing, to allow builders to bypass local zoning laws and to make the eviction process more favorable to tenants.
Most calls to block large companies from snapping up homes come from liberals, but some conservatives also show an inclination to crack down.

This “corporate large-scale buying of residential homes seems to be distorting the market and making it harder for the average Texan to purchase a home,” Republican Gov. Greg Abbott wrote on X last month. “This must be added to the legislative agenda to protect Texas families.”
Close to equal numbers of voting-age Republicans and Democrats said they would support a measure to block Wall Street firms from buying homes, according to a new study funded by the University of California, Santa Barbara, and the Manhattan Institute, a conservative think tank. The study gauged opinion from 5,000 renters and homeowners in urban and suburban ZIP Codes.

Proposals to curb investors might be popular with voters, but so far they haven’t gained much traction in legislatures. None of the bills in Congress or in any of the state houses has reached a floor vote.

Advocates for the single-family rental industry, such as the National Rental Home Council, oppose such legislation and blame rising prices on an undersupply of new-construction homes. They also point to the relatively low number of homes owned by institutional investors, defined as those companies with portfolios of 1,000 homes or more. Some research estimates these companies own 3% to 5% of American rental homes.

In some American cities, institutional investors hold a much larger share of homes than they hold nationally. In Atlanta, nearly 11% of all rental homes in the five-county area are now owned by three real-estate companies, a recent study by researchers at Georgia State University found. A 2022 analysis by the U.S. Department of Housing and Urban Development said 21% of Atlanta rental homes were owned by some large institution.

Rep. Nikema Williams (D., Ga.), from the Atlanta area, in December co-sponsored the End Hedge Fund Control of American Homes Act in the U.S. House. The act “won’t solve all of the problems, but it will definitely make an impact,” she said in an interview.

Critics of regulation note that many of the largest investors have bought very few or no homes in the past year. “The great trade is done,” said John Burns, founder of the eponymous housing research and consulting firm. “So what are you trying to stop?”
Smaller investors that own between 10 and 99 homes have stepped up their share of home buying this year, Burns said. Some of the proposed legislation would also target these smaller investors.

The bills in the House and Senate would cap rental-home ownership at no more than 50 homes for many companies, requiring them to sell off any more they already own. A bill in Minnesota, meanwhile, would limit ownership to 20 homes.

Bills to block landlords in the Ohio and Nebraska state legislatures were written in response to a small number of investors buying up hundreds of homes in a handful of Cincinnati and Omaha neighborhoods.

Louis Blessing III, a Republican representing suburbs of Cincinnati in the Ohio Senate, introduced a bill to tax large landlords so heavily that they would likely feel compelled to sell their properties. Blessing said he is concerned about real-estate companies developing monopoly power in some neighborhoods, while putting starter homes further out of reach for home buyers.

“It’s an antitrust in spirit bill,” he said.