return2ozma@lemmy.world to News@lemmy.world · 5 months agoThe US needs to build 2 million houses to revive the American dream of homeownershipwww.businessinsider.comexternal-linkmessage-square39fedilinkarrow-up16arrow-down12file-text
arrow-up14arrow-down1external-linkThe US needs to build 2 million houses to revive the American dream of homeownershipwww.businessinsider.comreturn2ozma@lemmy.world to News@lemmy.world · 5 months agomessage-square39fedilinkfile-text
minus-squareImADifferentBird@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up1·5 months agoEquity firms own 1.6 million homes in the US (both single family and multi family units). Just saying, that would get us most of the way there.
minus-squaresudo42@lemmy.worldlinkfedilinkEnglisharrow-up1·5 months agoWhat’s to keep Equity firms from buying those 2 million homes? Won’t that just leave us back where we are now? Do we think we can build more homes than Equity firms can spend other people’s money on?
minus-squareGBU_28@lemm.eelinkfedilinkEnglisharrow-up0arrow-down1·5 months agoHow many are vacant? Those are the first ones that need to be reallocated. (Meaning, I’m not pro equity firm, I’m saying an occupied house is a house that is occupied. These 2mil new houses are for new occupants, not shuffled ones.)
Equity firms own 1.6 million homes in the US (both single family and multi family units).
Just saying, that would get us most of the way there.
What’s to keep Equity firms from buying those 2 million homes? Won’t that just leave us back where we are now?
Do we think we can build more homes than Equity firms can spend other people’s money on?
How many are vacant? Those are the first ones that need to be reallocated.
(Meaning, I’m not pro equity firm, I’m saying an occupied house is a house that is occupied. These 2mil new houses are for new occupants, not shuffled ones.)