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tptacektoday at 3:17 AM1 replyview on HN

A former trustee in the inner-ring suburb in which I live owns and manages rental housing throughout the municipality and is a vocal opponent of building new housing, and of the argument that supply and demand functions in the housing market. I could screenshot him for you, but you have no idea who he is, so: just take my word for it, these aren't "alleged" people. They're a major force in local politics around the country, which is where this fight is primarily being fought.


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bombcartoday at 5:08 AM

Leveraged investors in real estate become incredibly "conservative" really fast - not politically but in the "don't ever change anything holy shit I'm on a knife edge" even if the changes would be a net benefit for them.