It’s a multi faceted problem. There needs to be gov program to start building apt complexes . This will reduce demand on houses and drive prices down simultaneously
Comment on Life is unfair to landlords
Verat@sh.itjust.works 1 day agoWe dont need compact apartment complexes, we have plenty of houses being hoarded by companies and landlords so they arent on the market and the few that are can have artificially high prices. There are “Cash for your house now!” signs everywhere where I live plus they keep mailing us too, and those are usually either landlords or house-flippers.
sommerset@thelemmy.club 1 day ago
sommerset@thelemmy.club 1 day ago
I haven’t seen any hoarded houses in my area. I think someone is doing disingenuous propaganda.
Sometimes houses are empty for couple of years because foreclosure and bank has to wait for liens to clear. My neighbor’s place was held for 2 years, due to stupid system.
JcbAzPx@lemmy.world 1 day ago
It’s easy to not see something you don’t look for.
sommerset@thelemmy.club 1 day ago
No but seriously. Houses foreclose all the time, they go back to the banks. So bank then has to wait legally required time. And then bank has to do all the repairs and resell shit.
Blackrook7@lemmy.world 21 hours ago
The issue is the government letting the cheap affordable single family homes (not apartments or condos) go extinct.