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You: rents are high because there aren’t enough apartments in my fabulous west coast city
Me: you are like a baby. Watch this:

Increasing supply of housing will never reduce rents or homelessness as long as housing is treated as a speculative instrument instead of a basic human right, sorry yimby sweeties

@alex i read a good piece in Curbed a while back that pointed out that the idea buying a house as a form of investment requires property values to increase faster than inflation, which is exactly the opposite of what's needed to keep housing affordable. i wish i could find the article; it perfectly illustrated how the two main axes of housing policy are fundamentally opposed.

@alex think a lot about how it rules that if you on average put 2 people in the around 100,000 homes vacant in san franscisco it would make up 1/4 of its population. incredibly cool the housing market rules

@alex I think the average ratio is 4 vacancies per homeless and there's nowhere with more homeless than vacancies in the US

@alex
In France there are about 250 000 homeless people and 2 500 000 vacant housing…

@alex The magnificent efficiency of capitalism shows itself again!
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bigshoulders.city

bigshoulders.city is a Mastodon instance for Chicagoans current, former, and future. Its name comes from Carl Sandburg, who once compared ships pulling out to “mastodons, arising from lethargic sleep.” Our goal for bigshoulders.city is to build a community of friends and neighbors across the Windy City. Toot your pho place recommendations, meet-up ideas, pothole gripes, creative dibs, and cross-town baseball taunts—whatever you want, as long it abides by our short and sweet content policy.

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