mrbigstuff wrote:
[quote=vision63]
[quote=mrbigstuff]
[quote=vision63]
[quote=mrbigstuff]
what is the main problem most lower income folks have with meeting their expenses? in other words, what is their biggest expense?
(not a rhetorical question)
The thing we're not going to create is affordable housing.
right. and why aren't you (we) (i) going to do that ?
Because the Real Estate Development community is way smarter than the Political community. They make them believe they're getting what "they" want while ultimately getting what the Development community wants. Market rate cha-ching.
this is not incorrect, but it's a simplistic answer. why were we able to build after the Depression? why were we able to build after WWII? during the '60s and '70s?
When I was born, the U.S population was 179 million (a year after actually). In 1945 the population was 139 million. Urban vs Rural was about 50%.
Since then just like any third world country, the peasants have moved to the cities to work, etc. Now those cities are packed full of people and there's little room to just build. You have to tear something down to build something else. That's not easy because the places people want to tear down to build upon, a lot of people want it to stay the same. There's your battleground.
Back in the old days, it was all about "progress" and build build build. There weren't enough people to fill out what was being built. They had to lure people.
Now, they don't have to lure people. But you don't make money on "affordable," which costs a ton to build and subsidize.
In my state, everybody is trying to live "here." It's full. That makes it a difficult challenge to overcome.
