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Dan
@dberg
US is short about 1-5M housing units and the surge in multifamily construction is ebbing. Solution: create a secondary market for construction loans to increase liquidity in the construction finance market. This would allow developers to leverage up their capital and build more affordable housing units. https://omny.fm/shows/odd-lots/a-former-treasury-officials-radical-plan-to-create
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Dan
@dberg
The entire budget of HUD for housing/urban renewal is a minuscule $4B. We can do so much more. As Jim says, housing affordability is a major factor in the stability of our civil society.
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cryptocellaris.eth 🎩
@cryptocellaris
new methods of financing construction are a GOOD IDEA, but the core problem is that construction as a business is high risk, low reward as a result of high project to project variance and a cutthroat bidding prices that drives margins extremely low which means your idea fundamentally will lack liquidity in a market full of investors maximizing investment return that's why financing is such major bottleneck to the industry, especially now with higher rates
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