Comment by tptacek
3 days ago
No. I actually don't give a shit whether corporations can buy single-family houses, by which I mean, I don't care if that's banned. My problem is that high-opportunity high-value residential areas are deeply resistant to upzoning and are actively using this "corporate investor" narrative as a reason why they should wait. Corporate investors are not why the inner ring suburbs with the good schools in major metros are expensive; zoning is. This is literally a distraction from affordability work.
There can be more than one problem at once. Two different solutions can be tried at the same time.
This doesn't acknowledge anything I just wrote.
You said blaming corp buyers is a distraction from NIMBYISM. I'd argue corp buyers are a problem as well as NIMBYISM. Both should get blamed and be addressed.
1 reply →