[video] What Happened When This City Banned Housing Investors | Oh The Urbanity!
[video] What Happened When This City Banned Housing Investors | Oh The Urbanity!
Oftentimes people claim that the housing crisis is a result of investors outbidding regular home buyers, not a fundamental shortage of supply. This video debunks that idea, using the city of Rotterdam -- which effectively banned buy-to-let speculators across much of the city -- as an example. The result actually worsened housing affordability for lower-income households and increased gentrification.
In short, there is no solving the housing crisis without simply building more housing.
0 comments