Ok-Title-270

Ok-Title-270 t1_j7r0rzg wrote

>I never said I put my faith in the government

Then why do you want them to control everything?

I don't know the intricacies of VT vs Gainesville incomes etc but my point is I lived there and there's readily available multi unit housing for prices that residents can afford, and there's not a bunch of people desperately looking for housing they can barely afford

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Ok-Title-270 t1_j7qvygo wrote

>So? "Good paying" is relative to the region.

There's no housing crisis there so clearly it's working much better than here. You can rent a decent apartment there for 1/2 of what it would cost in Burlington, if you can even find one.

>We will not hit a McMansion saturation point in Vermont before a large portion of the population is crushed and forced out of the state. Even then, it may never happen. You place too much faith in the free market

You place too much faith in the government, which has never managed a housing market well. There's really not that many people who can afford a mcmansion in this state so I think it would shake out pretty quickly

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Ok-Title-270 t1_j7qu4au wrote

>We haven't reached that saturation point. Not even close.

Exactly, my point is we need to allow more building to occur if we want to drive down housing costs on the long term.

>How does the average income in Gainesville compare to the price of that "affordable" housing? Might not be affordable to the locals.

It's a university town with a huge hospital system supplying many good paying jobs

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Ok-Title-270 t1_j7plfq5 wrote

>Big developers will just keep building McMansions that will get bought by investors to become high prices rentals

That only happens until there's not enough people with enough money to rent or buy them. The last time I saw affordable rentals being built by developers was last year in Gainesville Florida where housing is significantly less expensive than Vermont and there is more supply than demand

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Ok-Title-270 t1_j7p7kpt wrote

They'll build what the market demands. Maybe the market also needs more high end homes and those make the most so they'd be built first, however there's only so many people who can pay for those so that market would become saturated. You can make money building more affordable housing too so they'd do that also

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Ok-Title-270 t1_j6jzcdx wrote

That would not work, especially in the current day with availability of online reviews and the shortage of available labor. If you rip off customers they will leave poor reviews, leading to decreased business. Rip off employees and they will leave for a better situation.

>Your restaurant might have good profit margins, and you can still be clueless about what it takes to run a good restaurant

That's just a terribly stupid assertion. The margins are notoriously low in the restaurant industry so if you don't have a solid understanding of how to operate one you won't have high profit margins outside of very specific conditions such as captive audiences(pizza places in Vermont don't qualify). So if you care to fill me in on the non-germaine reasons I'm wrong let me know, but so far none of what you've said makes any sense

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