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It’s the Land, Stupid How the Homebuilder Cartel

Published
Published
Author
2024-08-15
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Book Name
It’s the Land, Stupid How the Homebuilder Cartel
Modified
Last updated September 13, 2024
Summary
Created time
Sep 13, 2024 08:43 PM

🎀 Highlights

structural issues in today’s market that prioritize profits for the few over homes for the many.
consolidation among the biggest players leads to inflated prices and a lack of diversity in housing options, ultimately resulting in fewer homes built,
consolidation among the biggest players leads to inflated prices and a lack of diversity in housing options, ultimately resulting in fewer homes built, thereby exacerbating inflationary pressures in the market.
Imagine a world where homebuilders treat land like Pokémon cards: trading them, hoarding the rarest ones, and refusing to build anything until someone trades them a shiny Charizard! “Sure, I could build affordable housing… but have you seen how much this rare lot is worth?” Everyone’s just trying to catch ‘em all—except the only thing they’re catching is higher rents!