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malevolentk t1_j67hjf5 wrote

Reply to comment by Own_Ear_7356toss in Nixa’s Giddens Says Developers Consider Springfield Closed For Business. by [deleted]

I don’t even live over there

We need more affordable housing for people to BUY - not shitty rentals

The lack of entry level, affordable housing in good condition in this city is shameful

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VaderTower t1_j696x1l wrote

Getting quality entry level, affordable housing, requires money being allocated from the city or state. No one is going to build a house or apartment that loses money for the good of society on their own dime.

Kind of like I wouldn't be willing to buy an extra house, and rent it for less than my loan for it, effectively losing money. A developer just won't develop any new property, entry level, workforce, luxury, etc if they aren't going to make money.

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