How will America address the Rent crisis for 18-25 yr olds

[beenz]

fukking govt need to step in and make corps sell the houses back... and prevent them from buying them again

or folks could invest in those companies since most are public. at least make some money off this.

 

[beenz]

Its worse than that.

The "new cities" in china are pretty much a scam. They build big impressive looking buildings in the middle of nowhere and finesse overseas investors to buy into them, then use that money to make the next building. Its a gigantic ponzi scheme

those companies collapsed not too long ago due to this.

 

[Kenny West]

You have no idea what your talking about, at all!

Im willing to learn more if you got links to drop for me But what I'm saying is definitely true in the case of Evergrande and they are the 2nd largest real estate developer in China. They're defaulting from that same model and multiple other major chinese developers are following in their footsteps.

As for what I'm mistaken on, educate me

 

[pawdalaw]

No doubt, almost every major Chinese real estate firm has defaulted. And if there was ever a notion of them being propped up, it's very obvious now. Every hedge fund in America is buying up them junk bonds pretending like its collateral prolonging the crash here.

 

[bnew]

Hayden Clarkin (@thetransitguy) on Threads

Single-stair apartments, like this one in Seattle, allow for 20 housing units on a lot that used to contain one single-family home. We need to legalize apartments on small lots so that we can build more missing middle housing with beautiful floor plans! (B9 architects)

www.threads.net

Hayden Clarkin (@thetransitguy) on Threads

With single-stair apartments, usually all apartments are served by a central staircase, which allows for much better apartment floor plans, as an entire floor is not divided by a common hallway that spans the entire length of the building. (See example)

www.threads.net

Hayden Clarkin (@thetransitguy) on Threads

An example in Paris of a 6 unit, 5 floor apartment. (MAO)

www.threads.net

 

[#1 pick]

When I moved to DC, that was the biggest bytch. COL was insane compared to 500 dollars a month in Gwinnett. The issue was, it was impossible to find a damn job in Atlanta at that time.

 

[OperationNumbNutts]

When I moved to DC, that was the biggest bytch. COL was insane compared to 500 dollars a month in Gwinnett. The issue was, it was impossible to find a damn job in Atlanta at that time.

That is the issue many are facing. Affordable areas having few jobs and unaffordable areas having plenty of jobs.