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this post was submitted on 18 Feb 2024
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Seriously. Housing supply is not the issue despite what the media wants to scream at you. The issue is the vast majority of new developments are massive McMansions that the average person has absolutely no hope of ever affording. The concept of a starter home is basically dead.
I recently finally got it through my family's skull that, no, I can't just go build a garage and slowly build onto it as I can afford like my great-grandparents dide. That starter homes are essentially nonexistent, and that a fairly large portion of those that do are being bought up and demolished to be turned into McMansions.
This is a good thing, even if the causes are not.