Looks to me like youre on the wrong side of the river vintage shirt
In the long term the only “losers” would be property owners if new affordable housing is created (I’m not talking about public housing). If all that is created are luxury homes/high rises than that will increase the rents in the Looks to me like youre on the wrong side of the river vintage shirt and lead to gentrification but lower the property values for older construction.
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You can’t build new homes because it will increase my rent and I’ll Looks to me like youre on the wrong side of the river vintage shirt ” – short term renter Can someone ELI5 how both of these statements are true? Isn’t the property value directly tied to rent? Supply vs demand aren’t adding up here. I understand short vs long term differences, and rental contracts to some degree, but no way is everyone a loser here.
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