bagelman10
bagelman10 t1_j8n6vta wrote
Reply to comment by idreamofchickpea in How Vermont’s Housing Crisis Got So Bad by punkthesystem
I don't think that the quest for profit is responsible for the present crisis. The cause is a lack of supply through decades of intentional under-development. Which was exactly what the article is about. Rising prices are because of too much demand and not enough supply.
bagelman10 t1_j8myocn wrote
I live in Boston. the mayor is trying to institute rent control. This however, most likely will just make developers less likely to build new projects. Profits drive progress. That's the good thing about capitalism! Have a problem- if there is a profit to be made capitalism may solve it!
The problem is simple supply and demand economics 101. Not enough supply, too much demand. If you don't incentivize developers to solve the problem, it won't be solved.
Nobody likes sprawl, but smart development is easily achievable.
bagelman10 t1_iwh3b1z wrote
Reply to Manitoba Canada 1970s by Passaro
Life was simpler without smart phones
bagelman10 t1_ivojnxi wrote
Reply to Why Phil Scott again? by rufustphish
Charlie Baker, former Republican governor of Mass, was widely liked by democrats because he's a good person and did a good job.
bagelman10 t1_j9mb8pb wrote
Reply to Who in this sub was born in Vermont? Asking for a friend... by mikey_hawk
Are you a native american? I'm just about ready to leave this subreddit. All i hear is whining and complaining here.