Hyper Gentrification going on today

[Northeasterner1970]

Originally Posted by sub

Why on earth...

The answer is fewer regulations.
The answer is stop using real estate as a primary vehicle for investment.
The answer is realizing that bigger, newer, more isn't better or necessary.
The answer is people being more sensible in what they want. Why do small families need 2k-3k-4k square feet when bigger families made due in 1-1.5k years ago?
What's with all the extravagant luxury touches in mundane homes?
Builders will focus on building this garbage as long as there's enough people willing to play along, thereby shooting everyone in the foot.

Fewer regulations? Maybe less zoning for single family zoning. But I don’t see how the issue of families wanting larger homes connects to the federal government? A lot of countries do the rent-to-own thing for social housing, like the Netherlands.

Also I completely agree on the whole issue of famaliss wanting giant houses. Makes no sense. Houses are getting larger and larger while families get smaller and smaller. There’s barely anything considered “starter” homes anymore.

I guess when I was growing up, I lived in an area where maybe 1/4 of people lived in single family homes. The rest were either duplexes, apartment buildings or triple deckers. I always lived in multi unit housing and I never felt like I was missing out on much as a kid.

[Alabama211]

Originally Posted by Northeasterner1970

Fewer regulations? Maybe less zoning for single family zoning. But I don’t see how the issue of families wanting larger homes connects to the federal government? A lot of countries do the rent-to-own thing for social housing, like the Netherlands.

Also I completely agree on the whole issue of famaliss wanting giant houses. Makes no sense. Houses are getting larger and larger while families get smaller and smaller. There’s barely anything considered “starter” homes anymore.

I guess when I was growing up, I lived in an area where maybe 1/4 of people lived in single family homes. The rest were either duplexes, apartment buildings or triple deckers. I always lived in multi unit housing and I never felt like I was missing out on much as a kid.

The bigger housing trend has been around for awhile, but Covid hasn’t helped. Now that people can work from home they want space for that too.

Anyway the answer to this is simple in theory: build more houses. Every kind, everywhere.*

*I’d prefer more multi-family infill in already developed areas, but at this point it’s a crisis and we need anything we can get.

[TheMarino]

The hyper gentrification occurring is only going to lead to more homelessness.

[SteelCityRising]

Originally Posted by Charlestondata

Gentrification used to pretty much mean whites pushing blacks out. It has reached the point that if something isn’t done soon, it will mean the wealthy pushing everyone who’s not wealthy out.

Plenty of whites are being priced out of urban areas by wealthier whites (and wealthy Asians, who are never referenced as gentrifiers), but if you say you are a white person who was gentrified out of your long-standing neighborhood, as happened to me here in Pittsburgh, you get sneered at for not better-utilizing your white privilege.