Evilphd666 [he/him, comrade/them]@hexbear.net to news@hexbear.netEnglish · edit-23 months agoInvestors bought 1 out of every 4 affordable homes last quarterarchive.phexternal-linkmessage-square34fedilinkarrow-up1183arrow-down10file-text
arrow-up1183arrow-down1external-linkInvestors bought 1 out of every 4 affordable homes last quarterarchive.phEvilphd666 [he/him, comrade/them]@hexbear.net to news@hexbear.netEnglish · edit-23 months agomessage-square34fedilinkfile-text
minus-squarecontext [fae/faer, fae/faer]@hexbear.netlinkfedilinkEnglisharrow-up9·3 months agoand banks and developers know there’s more money in single family sprawl, especially when they can convince local municipalities to cut them sweet tax incentives to build more homes to address the housing affordability crisis…
minus-squarebuckykat [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up9·3 months agoAnd the fact that maintaining the suburb after it’s built is unsustainable and requires being subsidized by the city doesn’t matter to them at all
You will own nothing and be happy.
and banks and developers know there’s more money in single family sprawl, especially when they can convince local municipalities to cut them sweet tax incentives to build more homes to address the housing affordability crisis…
And the fact that maintaining the suburb after it’s built is unsustainable and requires being subsidized by the city doesn’t matter to them at all