this post was submitted on 24 Apr 2025
67 points (95.9% liked)

Just Post

1397 readers
42 users here now

Just post something ๐Ÿ’›

Lemmy's general purpose discussion community with no specific topic.

Sitewide lemmy.world rules apply here.

Additionally, this is a no AI content community. We are here for human interaction, not AI slop! Posts or comments flagged as AI generated will be removed.

founded 2 years ago
MODERATORS
 
all 15 comments
sorted by: hot top controversial new old
[โ€“] PhilipTheBucket@ponder.cat 19 points 10 months ago (1 children)

What the fuck is this linear fit lol

To me this is, to the extent it means anything at all, a pretty strong argument that short supply is not the problem. Which kind of makes sense. The problem is predatory corporate landlords. Build more units, the predatory landlords say "oh sweet" and use some of their Scrooge McDuck pile of money to buy them all up and rent them at inflated prices because they're "luxury" as new construction. That seems a more likely to me than the other way.

[โ€“] LesserAbe@lemmy.world 6 points 10 months ago (1 children)

Yeah the graph doesn't even reference housing construction, right? And even Austin saw a rent increase, just less than other cities.

[โ€“] electricyarn@lemmy.world 4 points 10 months ago

Not having the axis at 0 on both to distract from rents being artificially higher

[โ€“] TriflingToad@sh.itjust.works 13 points 10 months ago (1 children)

I'm sure this graph ic accurate or something but tbh all I can make out is random dots lol

[โ€“] Auntievenim@lemmy.world 3 points 10 months ago

Well, for one thing, the "rent increase" axis starts at 25%

[โ€“] Gerudo@lemm.ee 10 points 10 months ago

To be clear, it is still insanely expensive in Austin, but this is at least a glimmer of hope.

[โ€“] kalpol@lemm.ee 6 points 10 months ago

Too bad it is all being used for AirBNBs

[โ€“] SoftestSapphic@lemmy.world 6 points 10 months ago

And the prices keep outpacing wages unless we restrict the ownership of homes to people who live in them