The United States has experienced a 12% increase in homelessness, to its highest reported level. Federal officials Friday said soaring rents and a winding down of coronavirus pandemic assistance combined to put housing out of reach for more Americans.
Would we need more homes if private companies didn’t buy so many single family homes?
Yes. They didn’t even start doing that until the investment became worth it.
NIMBYism is the cause of this problem. We need to build for density, change property tax laws where they’ve been rigged, and encourage building wherever possible.