posted ago by Nameo ago by Nameo +2 / -0

Biden is doing this because he'd rather use this disaster to push "affordable (multi-family) housing".

So, my understanding is that: it's a buyer's market, skyrocketting home prices.

1) "because of lack of new houses."

Why?

Why not just build out?

2) "Because lumber prices."

"Why Is There a Lumber Shortage in the U.S.?" (Newsweek/MSNBC...same thing) https://www.msn.com/en-us/news/us/why-is-there-a-lumber-shortage-in-the-us/ar-BB18cmMJ https://archive.is/j3vpM

"Solving the Lumber Crisis" (National Association of Homebuilders) https://www.nahb.org/Advocacy/top-priorities/material-costs/solving-the-lumber-crisis https://archive.is/l8Pra

3) So why doesn't Biden (and, to be fair, why didn't Trump) 'do something' about lumber prices? Such as lowering the tariffs on Canadian lumber?

"U.S. Homebuilders Urge Biden to Help Ease Sky-High Lumber Costs" (Boomberg) https://www.bloomberg.com/news/articles/2021-02-12/u-s-home-builders-urge-biden-to-help-slow-housing-inflation https://archive.is/6oC0D

"Congress pushes Biden to intervene on rising lumber prices" (Mar 2021) https://www.woodworkingnetwork.com/news/woodworking-industry-news/congress-pushes-biden-intervene-rising-lumber-prices https://archive.is/cr9gz

4) I can't speak for Trump's motivations(greed, most likely) but maybe Biden is doing this because he'd rather use this disaster to push "affordable (multi-family) housing".

"BLM will never come to the suburbs!"

Orilly?

They'll be living next door to you soon.

Comments (6)
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window5 2 points ago +2 / -0

you are on the right track. Democrats love the idea of putting the immigrants into apartment complexes. They get more votes. And liberal, suburban home owners are not so much affected since zoning laws keep the apartments out of their sections of town. But if you are working class white, your people are dispersed and have no chance of buying an affordable home in which to raise a family.

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ShowNoteBot 1 point ago +1 / -0

It’s a sellers market.

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monkadelic 1 point ago +1 / -0

When home prices are sky high, its a sellers market, not buyers.

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Nameo [S] 1 point ago +1 / -0

oops, said that wrong then.

1
Nameo [S] 1 point ago +1 / -0

Guess the entire post is garbage now. Oh well.

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monkadelic 2 points ago +2 / -0

Well, its not garbage, but starting it out with an inaccuracy isn't great. I thought the rest was interesting, thanks.