Hacker News Reader

LA and Boston did this and now just have vacant high-rises to show for it. And, really, greedy homeowners are the least of our worries compared to real-estate developers and landlords.

I've seen the idea of a vacancy tax thrown around. Not sure how effective it would be, but might be worth trying.

View on HN

For a city of 4 million people, LA is building something like 9 thousand apartments [1]. That's not a 25% increase in the number of homes, that's nothing at all. It doesn't cover the number of births, the number of immigrants. Building that few homes is a plan to displaced people from the city.

It's time to stop treating housing as if numbers don't matter, and the only thing that matters is our feelings about seeing a crane.

There is a massive housing shortage, and people that deny it are just as fact-free as climate deniers.

[1] https://www.reddit.com/r/urbanplanning/comments/d0a9wb/top_2...

Reply on news.ycombinator.com