Those are reasons why it’s not being addressed effectively, not why the problem exists in the first place.
- Are these homes bought for investment that can’t sell for the amounts the owners want?
- Were they inherited and being held unsold due to being tied up legally?
- Are they unsuitable for human habitation, either because of neglect or changing regulation?
- Are they simply temporarily empty due to “housing purchase chain” problems?
- Is the market undervalued?
- Has some rich supervillain bought up a few million homes just because he hates poor people that much?
The article proposes a question and then fails to answer it.
MurrayL@lemmy.world 4 weeks ago
I think the issue is that there are two separate questions here that are being conflated:
The article deals exclusively in the latter, without addressing what the root causes might be.