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Jul 25, 2024
12:38
:40
pm
zonacougar
Medium Rare
Perhaps limit the number of single family homes that can be owned by investment corporations. Not sure if that is
possible or legal or would work. Just a thought.
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zonacougar
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zonacougar
Joined
Dec 12, 2001
Last login
Sep 7, 2024
Total posts
41,119 (747 FO)
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Messages
Author
Time
If you were given a magic wand, what would you do to alleviate housing cost
shoganai
Jul 25, 12:36pm
#1 Enforce immigration laws. #2 reduce the cost of energy.
AFewThoughts
Jul 25, 12:37pm
Pretty sure #1 would only make it worse.
Lifer
Jul 25, 12:38pm
I'd be interested in understanding your reasoning. I figure there has to be a
AFewThoughts
Jul 25, 12:43pm
Who supplies a lot of the labor to build houses?
SuperTank
Jul 25, 12:44pm
I can definitely see that side of the equation, but let's say there are currentl
AFewThoughts
Jul 25, 12:46pm
I'm surprised immigration is rarely brought up, assuming 2.8 M/year
Rhubarb
Jul 25, 1:11pm
You must not have many immigrants in your area. They tend to live together with 3 or more families/generations in 1 home
BlooGeek
Jul 25, 4:05pm
Yes, before I bought my first house, I kept getting outbid by illegal immigrants
RealTaysomHill
Jul 25, 12:53pm
I guess when you're a hammer, everything looks like a nail. Neither of those
macdizzle
Jul 25, 12:54pm
I see some people like making assumptions about others. Feel free to search
AFewThoughts
Jul 25, 1:07pm
They have been changing zoning laws every year at the state level allow
bbhammer
Jul 25, 1:46pm
Make all the Californians go back to California.
scall
Jul 25, 12:37pm
Maybe that border wall should be around California instead of Mexico
JimmyZ
Jul 25, 12:49pm
Now you are talking good policy.
scall
Jul 25, 12:50pm
🤣
MightyFreakingCougar
Jul 25, 12:53pm
Should California deport all the Utahns and make them go back to Utah too? It
Japan Coug
Jul 25, 3:07pm
Yes for sure.
scall
Jul 25, 3:09pm
As long as Utahns are no longer allowed to go to Disney or the beach, that makes
macdizzle
Jul 25, 4:14pm
Happy to make that concession.
scall
Jul 25, 4:28pm
Visitors spend lots of money then leave, which is a beautiful thing for locals.
Big Daddy D
Jul 26, 8:42pm
Use it to pay off my house and get myself a really nice cabin.
Ojiisan
Jul 25, 12:37pm
Perhaps limit the number of single family homes that can be owned by investment corporations. Not sure if that is
zonacougar
Jul 25, 12:38pm
That was the case prior to 2012. Investment firms being allowed to buy up
Kajdin
Jul 25, 12:40pm
Seems to have "worked".
zonacougar
Jul 25, 12:42pm
Increase tax liability on income from each house over three
compcoug
Jul 25, 12:44pm
That's actually great idea. Didn't straight up prohibit and allows small
Kajdin
Jul 25, 12:46pm
The answer is build housing, and reduce regulations not making existing housing
johnnybyu
Jul 25, 12:47pm
This isn’t really how it works in most of the country
Stopper6700
Jul 25, 1:05pm
This is how economics works
johnnybyu
Jul 25, 6:54pm
<< Deleted >>
StumptownCoug
Jul 25, 1:09pm
Does anybody know the % of homes owned by a big corp like Blackrock? I believe
BYUfan92
Jul 25, 12:55pm
It's highly dependent on market. Many they own 0. A few they own entire
Kajdin
Jul 25, 12:59pm
There is no evidence this will help. It's not like these funds take the unit off the market, the unit still preforms
HarlemCoug
Jul 25, 12:56pm
Couldn't disagree more. If Utah were to add 10,000 single family homes currently
YbeatsU
Jul 25, 2:06pm
Jay Parsons is the leading thinker in the country on this. He's written plenty of articles and papers on the issue.
HarlemCoug
Jul 25, 3:26pm
RE: If you were given a magic wand, what would you do to alleviate housing cost
Odysseus
Jul 25, 12:42pm
Make cheaper high density more desirable with green space requirements, transit
runnincoug
Jul 25, 12:44pm
Continue the push towards major cities and building lots of condos and townhomes instead of standalone houses.
TCuz
Jul 25, 12:44pm
TAX LAND at a much higher rate than buildings. Prohibit foreign purchase of
toadie
Jul 25, 12:45pm
You think getting rid of the mortgage interest deduction is going to help our housing shortage?
HarlemCoug
Jul 25, 1:00pm
i think his argument is theres a lot of people with multiple mortgages/rentals
CrashMcLarson
Jul 25, 1:18pm
ah, yes. The standard deduction makes most middle class homeowners unable to
toadie
Jul 25, 3:03pm
If you make housing more expensive, you'll get less housing.
HarlemCoug
Jul 25, 3:27pm
Gpvernment shoudn't subsidize expensive homes for rich people.
toadie
Jul 26, 4:13pm
A Legends Tower on every block
Gustav
Jul 25, 12:50pm
Eliminate the notion that you need to move to a bigger/newer house
tyler durden
Jul 25, 12:52pm
Strike down most zoning regs, “environmental reviews” two weeks max, permits
valleus
Jul 25, 12:55pm
Simplify local entitlement process; incentivize building density/starter homes;
Still Blue
Jul 25, 12:57pm
You have to reduce the risk to builders. Make it safer and cheaper to build and they will build more. One of
HarlemCoug
Jul 25, 12:58pm
I agree to some extent but how do cities provide all new roads, infastructure
bbhammer
Jul 25, 2:20pm
Tax the general populous. Politicians who charge impact fees can't honestly say they support affordable
HarlemCoug
Jul 25, 3:30pm
Tough to tax everyone with another tax
bbhammer
Jul 25, 4:38pm
If we want capitalism to survive then we need to figure out a way for capitalism to work for 20 somethingd, otherwise
HarlemCoug
Jul 25, 4:46pm
Limit private equity firms from buying up millions of houses for rental
Bluedomination
Jul 25, 1:06pm
REITS are a serious issue that have swallowed up a lot of homes.
AFewThoughts
Jul 25, 1:08pm
Am I a bad person if the cost of housing doesn't seem like a major problem to me
Tricky
Jul 25, 1:14pm
The wand you've been given only has power within the housing market.
shoganai
Jul 25, 1:17pm
Not gonna be a popular response on suburb-happy CB, but build more high-density
cougarmeister
Jul 25, 1:17pm
Often the problem that gets these kinds of projected rejected are the "where are we going to put all of the cars"
HarlemCoug
Jul 25, 3:37pm
Americans have built cities around their cars for 100 years
cougarmeister
Jul 25, 3:54pm
For sure - I think homes without garages will be a minority of new housing built for decades... but in downtown areas
HarlemCoug
Jul 25, 4:01pm
No (chinese) foreign investment
Avery
Jul 25, 1:28pm
Depends on the market/area. But the only real solution is to either increase
JWin
Jul 25, 1:29pm
get a big glove with some pretty colored rocks, snap my fingers and suddenly there'd be a lot of empty houses
byujag
Jul 25, 2:29pm
To increase supply right now, allow people to “port” their current mortgage and
MacsKid
Jul 25, 4:27pm
Have a huge recession
johnnybyu
Jul 25, 7:58pm
The magic wand is capitalism. Remove regulation and down goes the price.
cdr88
Jul 26, 2:56pm
Covid gov policies created the housing cost skyrocketing price increase
Coug Dude
Jul 26, 10:25pm
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