People reeeaaaly underestimate how many people's job it is to pump out bullshit writing

Ok but that's the other end of the spectrum. What I'm saying is there is so much fucking housing but it's all owned by billionaire real estate trusts.

On Rantoul st you have: the Flats at 131, link 480, Beverly crossing, station 101, Holmes Beverly, canvas apartments, enterprise apartments, and Sedna all built within 1000 yards of each other in the last 10 years, half of them within the last 3. In 2019 I lived in a 1 BR for $1300. They now rent that same unit out for $2000. Every single one of those buildings have vacancy, just check their websites.

In 2015 (before any of these went up) average rent for a 2br was $1250 a month. As of right now a 2 br is around $2800 a month.

https://www.zumper.com/rent-research/beverly-ma

They just built 10 giant apartment complexes in downtown Beverly. Since then, rent has at least doubled. Most of those apartments sit empty but they are all owned by the same company so they can just charge whatever they want.

If 5 companies build a million apartments they still will control the cost of housing, regardless of supply and demand. Which, ironically is the problem with oil as well.

It's time for housing to no longer be a commodity.

Since 2019 the population has increased by roughly a 1/10 of a percent, yet property values are more than double? There are more than enough homes/apartments in Massachusetts.

>Are you suggesting that I, as a homeowner, should be capped on how much I can sell my home for?

I am suggesting making it illegal to own more than a set number of properties that exist for profit in Massachusetts. If you don't explicitly live in the building it counts towards that number. Those people/companies that own more than that number would have a set amount of time to unload their properties before being fined. I also want a complete ban on any foreign company owning property that they do no reside in.

They don't sit empty, they sit rented.

>These companies are doing nothing more than taking advantage of the supply shortage.

Which is exactly why we need more regulation to stop encouraging housing as a commodity.

Forget the dudes with 3 apartments. Boston Properties, Alexandria Real Estate, and Tishman Speyer each own 20 billion dollars in private property in the greater Boston area.

The supply keeps going down because real estate companies are purchasing more and more of the available homes.

We could solve it without having to build high-density shithole apartments by making it illegal to own more than 10 for-profit properties in Massachusetts

Anyone want to hop on a referendum to make owning more than 10 for-profit properties in Massachusetts illegal?

Let's fuck Biden!

Best zero budget film is Primer imo. Most realistic time travel movie I have ever seen. Only $7,000 budget.

I don't think that you're really grasping the point here. It's more like treating it as "unprofessional" or having rules at night clubs or dress code rules at work/school that don't allow people to have "dread locks" or "afros" or other types of natural hair. It's almost entirely rooted in implicit bias.

It's always been the case. Its about thinking it's "unprofessional". I work at a highschool and an administrator made a black girl shave her dreadlocks off like a decade ago.

Hair discrimination is really really common.

I used to live on Wenham Lake and didn't know about this until recently.