Being over-confident in either your pessimism or your optimism is a recipe for inaction or wrong action, what’s important is to try to look at the world realistically.
Why would you be against that? If a rich person wants to split off half their house and rent it out that’s a valuable contribution to resolving the housing shortage. Of course in practice I don’t think rich people will do that since they aren’t desperate for a little extra income in exchange for losing half their house. Who it’s really great for is middle class empty nester types who have much bigger homes than they need and would love to be able to downsize and make a little extra money from the rental, while not having to move.
What in the world are you talking about? Yes the whole point is that people will be able to buy homes and turn them into apartments, that’s the outcome we’re looking for. Where you’re going wrong is not realizing that the apartments will be less expensive and more numerous than the houses they’re replacing. Thus it’ll be easier for people looking to buy to afford one of them than a full house, and easier to find a place to rent if you can’t afford or don’t want to purchase.
It’s sort of a tautological statement. Obviously an apartment building on the site of what used to be a single house will produce more than one apartment. And obviously an apartment in that building will not be as expensive to buy or rent as a full house next door sitting on as much land as the whole apartment building. It’s not a trick, just real life.
You’re comparing apples to oranges with your monthly mortgage and rent rates, you’ve got to compare purchase prices to purchase prices and rents to rents.
an apartment in that building will not be as expensive to buy or rent as a full house next door sitting on as much land as the whole apartment building
As in the price of the apartment sells for will be lower than the price the house next door sells for, and the price you can get for renting the apartment will be less than the price you can get for renting the house. The relationship between rents and sale price in the same place are more complicated, especially if you’re comparing an existing mortgage that followed from a sale years ago in a different housing market.
A landlord who just buys a property and rents it out is doing nothing for the housing supply but obviously a developer that buys a house and turns it into an apartment building is increasing the housing supply regardless of whether they rent the apartments or sell them or whatever.
Not sure what you mean by government owned housing available for purchase - surely it’s either government owned or being purchased? A big government house building program would be fantastic, but that’s no reason to support keeping restrictions on also helpful private house building.
Aaron Rupar is a known face in the landscape of journalism. He has worked on firms such as Minnesota Premier Publication, Voice Media Group, State of Minnesota, Center for American Progress, Fox9, and Vox Media Inc. in capacities ranging from reporter, writer, social media manager to editor and many more.
I don’t think I can agree with you there. Solar power is an incredibly valuable technology, in many ways more so than nuclear. If we were replacing this nuclear energy with increased solar I’d have no complaint. The problem is solar is already growing as fast as it can with or without shutting down any nuclear plants, so what it’s actually replaced with as discussed in this article is fossil fuels. Hopefully the solar curve can catch up eventually and shut down those fossil fuels as well, but it’s ridiculous to ditch nuclear before then.
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