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I live in a dense urban area and there are literally a dozen buildings that are empty and derelict because the property owners are just sitting on them hoping t
by BadHumans 2y ago
I live in a dense urban area and there are literally a dozen buildings that are empty and derelict because the property owners are just sitting on them hoping to flip them. They can't get the price they want so they will just let them sit empty and decay.
- aaronbrethorst 2y agoLabor is expensive. Maybe they can’t front the money to renovate them so people could live there. Interest rates are high. Maybe no one is willing to buy and renovate those lots because the cost of acquiring enough capital to do so is prohibitive. There can be lots of reasons why houses sit vacant. I don’t think we should assume ill intent.
- BadHumans 2y agoThese buildings have been vacant for years and a few of them are on the market for an absurd price. I don't think they have ill intent. I'm sure in their mind what could be ill intentioned about waiting for someone to pay them the right price? Doesn't mean there aren't very real consequences for letting these buildings sit empty.
- tossandthrow 2y agoIn that case: They should sell the units so other people can utilize it. In large parts of Scandinavia there is an obligation to have residents in an apartment. The only legal reason not to have an apartment occupied is that it is for sale, or on the market for finding a renter (within the market price). IMHO there is absolutely no reason to let units stay empty for any longer than what normal resident churn mandate.
- rcpt 2y agoWhich urban area?
- BadHumans 2y agoAt the risk of doxxing myself I very intentionally left it in vague. Lets say an urban area in the US west :)
- rcpt 2y ago"I live in Riverside" really isn't a dox. But aside from Riverside it looks like buildings in the US West are used very efficiently https://infogram.com/1p0yj9xynd96qziegpjkewmd7munpjp66l2 https://infogram.com/1p0yj9xynd96qziegpjkewmd7munpjp66l2
- BadHumans 2y agoI can tell you my city isn't in this report.
- danoodle 2y agoYou've already doxxed yourself by writing hundreds of comments on your throwaway you fucking noodle (assuming that you've not been careful about scrambling your writing style to defeat sylometry).
- deleted 2y ago[deleted]