They keep raising prices, stating that it’s due to inflation, but then they keep having record profits.

Meanwhile, the average American can barely afford rent or food nowadays.

What are we to do? Vote? I have been but that doesn’t seem to do much since I’m just voting for a representative that makes the actual decisions.

  • nbafantest@lemmy.world
    14·
    10 months ago

    If private equity wants to invest in housing, that’s great.

    There is no fundamental limit on how much housing we can build.

        • Passerby6497@lemmy.world
          1·
          10 months ago

          Up to 30 homes depending on lot size. Source:

          The median lot size for new single-family homes is 0.19 acres or 8,276 square feet. That means around five average-sized home lots can fit on one acre.

          However, if you want to know how many homes can legally fit on one acre where you live, you have to consult your local zoning laws. Minimum lot sizes vary widely across the country. One study of Texas lot sizes found that minimum lot sizes in the studied towns ranged from 6,500 square feet to 16,000 square feet. A standard east coast rowhome can be built on a lot as small as 1,400 feet, while some rural areas have minimum lot sizes of one acre (or several acres).