- Feb 2022
In crowded housing markets in large cities, house flipping is often viewed as a driver of inequality.
If house flipping is viewed as a driver of inequality in crowded housing markets in larger cities, what spurs it on? What do the economics look like and how can the trend be combatted?
What effect does economic speculation have?
So to attract newcomers, towns have attempted a dizzying array of stunts and initiatives.
Have they considered consolidation? Abandon three or four cities to aggregate into one?
“When I moved to Kansas,” Roberts said, “I was like, ‘holy shit, they’re giving stuff away.’”
This sounds great, but what are the "costs" on the other side? How does one balance out the economics of this sort of housing situation versus amenities supplied by a community in terms of culture, health, health care, interaction, etc.? Is there a maximum on a curve to be found here? Certainly in some places one is going to overpay for this basket of goods (perhaps San Francisco?) where in others one may underpay. Does it have anything to do with the lifecycle of cities and their governments? If so, how much?
- health care
- open questions
- public health
- growth and death of cities
- house flipping
- city planning
- free land programs
- housing crisis
- city government