BudsKind802 t1_j7o5yxt wrote on February 8, 2023 at 5:03 AM

Reply to comment by Ok-Title-270 in How Can We The Increase Affordable Housing Supply? Ideas? by twentiesforever

It's simple to say that regulation is stopping more housing stock from being built. It's also not based in reality.

Developers are going to build what makes them the most money, which are high end single family homes. Even building an extra 500 homes without regulation isn't going to help do anything but create more opportunities for out of state investors and pad developers' pockets, which is exactly why they're the biggest proponents of deregulation.

Ok-Title-270 t1_j7p7kpt wrote on February 8, 2023 at 12:50 PM

They'll build what the market demands. Maybe the market also needs more high end homes and those make the most so they'd be built first, however there's only so many people who can pay for those so that market would become saturated. You can make money building more affordable housing too so they'd do that also