I build homes for idiot rich degenerates. They just air bnb their second and third homes which ruins the market in my community and has effectively gutted it.
The developments they want to produce are in the 400’s. Nobody can afford them. No one is coming here to buy them.
The developers are friends with the scumbags who hold county seats. It’s a huge republican circle jerk. And the people who live here are so stupid they just do whatever the cocksuckers in office say.
This is San Bernardino County.
My town has been pushing for affordable housing. After the complexes were approved the builders listed the units “for young professionals” starting in the low $500s. Totally out of range for most young adults. Anything the federal government does has some root in corporate profiteering.
They don’t specify if these are apartments or not. If not, well…
And who owns these units? I see assistance for buying a home, great, but what’s to stop corporations from picking these up? Even if they are apartments, what’s to stop the owners from keeping costs artificially high for profit?