Social War Room Lounge Thread #325: PotWR Edition

[Rob Battisti]

The same way people find money to build SFHs? Most developers finance their projects with loans. A homeowner could also take out a home equity loan to build an ADU or renovate their home into a duplex.

No one has money to build SFHs, you dolt! In your scenario they have money to buy the SFH, demo it and built a duplex!

 

[Islam Imamate]

No one has money to build SFHs, you dolt! In your scenario they have money to buy the SFH, demo it and built a duplex!

Developers do or at least they have the credit to take out the necessary loans. There are also smaller contractors who specialize in flipping houses and one way to add tons of value to a SFH is to add units through duplex conversions and ADUs.

 

[Rob Battisti]

Developers do or at least they have the credit to take out the necessary loans. There are also smaller contractors who specialize in flipping houses and one way to add tons of value to a SFH is to add units through duplex conversions and ADUs.

Yes AKA like I said, Blackrock continues to turn us into a rental society. Great idea, Islam.

 

[Islam Imamate]

Yes AKA like I said, Blackrock continues to turn us into a rental society. Great idea, Islam.

Doesn't have to be just rentals, reduce minimum lot sizes and you can create more units on the same amount of land. Smaller units also make homeownership more feasible for the working class and allowing homeowners to build units on their properties for rent makes it easier for existing homeowners to get rental income without homeowners to buy more land. Win-win-win

Btw the internal documents show that firms like Blackroxk prefer places where NIMBYs like you prevail because the housing scarcity you advocate for makes housing a more attractive investment for them.

 

[Yehudim]

Yes AKA like I said, Blackrock continues to turn us into a rental society. Great idea, Islam.

Actually, making a mortgage so unaffordable that renting is the only option, creates a renters society.

Or at least, a live with mom until youre 35 and have had saved up enough for a down payment on an overpriced house.

 

[Rob Battisti]

Actually, making a mortgage so unaffordable that renting is the only option, creates a renters society.

Or at least, a live with mom until youre 35 and have had saved up enough for a down payment on an overpriced house.

Yeah and buying up dead boomers homes and converting them into duplex rentals does nothing for ownership.

 

[Rob Battisti]

This grand idea is about as realistic as communism working

 

[Limbo Pete]

Yeah for sure easing duplex restrictions is right up there with the Marxist plot to liberate the industrial proletariat
Real pie in the sky type stuff

 

[Rob Battisti]

Yeah for sure easing duplex restrictions is right up there with the Marxist plot to liberate the industrial proletariat
Real pie in the sky type stuff

You’re all conflating my position with something it isn’t.

By all means, communities should be allowed to vote for whatever zoning they want. Essentially allowing unrestricted zoning in suburban neighborhoods doesn’t “solve the housing crisis” by allowing duplexes and ADUs.

What it means is a select very wealthy individuals will convert some properties into rentals. Those rentals will be ~800 sqft of living space and will create a host of issues for communities.

If communities want that, it’s their pleasure.

The only place where I differ from any of you is that I want the zoning decision to be local, and you don’t.

You don’t because, on the whole, local communities don’t want this.

You’re forcing communities of tax payers into a situation against their will. Authoritarian action like I said.

In summary, I don’t disagree that some communities want this. I disagree that it solves the issue of home ownership by creating more rentals than homes and I disagree that it should be forced by higher authorities.

My position of simply building new homes, of varying zoning, apparently is stupid? Wow what a wild idea — increase the housing supply.

 

[Limbo Pete]

You’re all conflating my position with something it isn’t.

By all means, communities should be allowed to vote for whatever zoning they want. Essentially allowing unrestricted zoning in suburban neighborhoods doesn’t “solve the housing crisis” by allowing duplexes and ADUs.

What it means is a select very wealthy individuals will convert some properties into rentals. Those rentals will be ~800 sqft of living space and will create a host of issues for communities.

If communities want that, it’s their pleasure.

The only place where I differ from any of you is that I want the zoning decision to be local, and you don’t.

You don’t because, on the whole, local communities don’t want this.

You’re forcing communities of tax payers into a situation against their will. Authoritarian action like I said.

In summary, I don’t disagree that some communities want this. I disagree that it solves the issue of home ownership by creating more rentals than homes and I disagree that it should be forced by higher authorities.

My position of simply building new homes, of varying zoning, apparently is stupid? Wow what a wild idea — increase the housing supply.

Brosky, you're the one that dragged out communism lol

 

[Islam Imamate]

My position of simply building new homes, of varying zoning, apparently is stupid? Wow what a wild idea — increase the housing supply.

Building homes by making it harder to build homes across most of the metro area, an idea so retarded it just might fail spectacularly.

 

[LangfordBarrow]

You guys realize how much land we have to build on in America? My goodness you’re all dense.

“Nature preserves” LOL

If it's strawberry I'll take a jar...

 

[LangfordBarrow]

Where do you want to build all these new houses?

Along the Jersey Shore...

 

[Limbo Pete]

Along the Jersey Shore...

Why do you hate the whales, bud? What did they ever do to you

 

[Rob Battisti]

Building homes by making it harder to build homes across most of the metro area, an idea so retarded it just might fail spectacularly.

wtf are you even talking about at this point

 

[Rob Battisti]

Along the Jersey Shore...

Plenty of room in the pines literally south Jersey is all new houses

 

[Rob Battisti]

All of you failing to admit that your “plan” only creates renters is hilarious.

Meanwhile, you attacked me for being a landlord. I’m not. You’d then be supporting more people to be landlords

 

[LangfordBarrow]

Plenty of room in the pines literally south Jersey is all new houses

Nope. I'm building on the beach right in front of your house.

 

[Andy Capp]

You all want to build more houses!!! That’s literally what I suggested! Do you not want to build more houses?

Now, how do people who find current housing unaffordable get to where they can make a living when they're in the middle of bumfuck nowhere? Are you trolling?

 

[HereticBD]

I can tell who actually owns a home in this thread, and the mod who doesn't and never will...