Excellent Reads

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Are you tired of clickbait and the current state of journalism? This community is meant to remind you that excellent journalism still happens. While not sticking to a specific topic, the focus will be on high-quality articles and discussion around their topics.

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The Great Compression - Thanks to soaring housing prices, the era of the 400-square-foot subdivision house is upon us (www.nytimes.com)

submitted 8 months ago by can@sh.itjust.works to c/longreads@sh.itjust.works

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[–] Alto@kbin.social 6 points 8 months ago

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.