Hacker News Reader

Comment by throwaway23884 | Hacker News Reader

The article is wrong because it doesn't account for your parents supporting measures to import third-world immigrants who pack 3 families in one house. That way, your parents can sell their house for 2x as much (supply vs. demand), and they can spend their last couple of years of life blitzed out of their minds on margaritas, while you pay more in taxes to support social services for the immigrants.

Enjoy!

View on HN

Developers are a big problem in large cities. They buy up properties in bulk, build larger townhouses and condos; and turn a huge profit by charging higher prices for less land. The phenomenon of immigrant families packing into houses is significantly less impactful than developers packing dozens of families into land that previously held a few smaller dwellings.

Stop the focus on poor immigrants -- they aren't stealing your money and land. That's what rich developers do, and much more effectively than immigrants could ever muster

I think this is a case of don't feed the troll.

It's well established that the only British age group whose hostility to immigration approaches that of the troll's is the 65+ cohort he claims are "supporting measures to import" immigrants.

Absolutely false. Land costs, permitting costs, zoning, permitting, etc all add up to the final cost of built housing. Developers build what's profitable, that's true, but they aren't twirling their moustaches and charging 3x premiums.

Reply on news.ycombinator.com