• mrginger@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 year ago

    Yes I do. None of them are selling affordable single family homes.

    As a matter of fact multi-family housing is leading a housing construction “boom” as of articles published 6 days ago.

    Here’s a quote from MReport:

    Further, almost two-thirds of the apartments build during the pandemic are clustered in just 20 high-growth metropolitan areas, which make up about 41% of the total renter population in the U.S. Therefore, for many other places, the new supply barely made a dent in the existing supply. What’s more, around 89% of the apartments completed in the last three years are high-end and, thus, target upper-middle- and high-income buyers and renters.

    So they are building “multi-family homes”, but targeting, wait for it, people with lot’s of money.

    So you quit lying.

    Come to think of it, you’re singling out the and focusing on the real estate angle pretty hard. Why is that?