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by more_corn 1631 days ago
That was your takeaway? Mine was entirely different. Here are some things I took away: ADUs and in-law units are great. It’s too hard for a group of friends to buy an apartment building. They had to masquerade as a slumlord to do it. That’s probably a failing in laws and policies. Buying property is a viable strategy to rise in this society. Buying land and building a house is possible, but harder than it should be. It’s possible to buy damaged property, make it livable and rent it to people who want it without selling your soul.

I’ve got some money in the stock market that would probably serve humanity better if I bought some unlivable property and spent the time and money to make it livable. Not sure if I want to be a landlord, but the first part appeals to me. We need more housing and I’d love to put my resources behind that effort. Yes, we need sweeping policy changes too. Link me your proposal and I’ll give it a read.

1 comments

I'm not saying those things aren't in there, but they're pretty niche. Like, how often is a group of friends trying to buy a multi-unit building?

The big bad here is lack of housing supply brought on by NIMBY-ism and a shortage of tradespeople (maybe this also speaks to our inability to evolve housing construction as well), and the danger is more or less that policymakers and voters will read this story and think "see, all you have to do is <list of ridiculous and lucky things> and you too can own a home in one of the most expensive places on Earth."

For policy and such, the problem is complicated. Going to housing site:vox.com in DDG isn't a bad idea. But secondarily, I'm interested in prefab and modular housing. A lot of it is better suited to modern housing needs (more efficient--not just 2x4s, fiberglass and Tyvek, cheaper, less construction waste, way less build time on site, smaller and thus higher density, etc).