$100k might as well be $100m to 99% of homeless people. Do you think they’re goi... | Hacker News

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		TylerE on March 13, 2024 \| parent \| context \| favorite \| on: Mass timber is great, but it will not solve the ho... $100k might as well be $100m to 99% of homeless people. Do you think they’re going to qualify for a loan at a non-usurious rate? In case, if the market value drops, well, rich people will just buy them. If you’re currently in a “$300k” home and can buy a “$400k” home for $100k… like how do any of these numbers make any sort of sense?

throwitaway222 on March 13, 2024 [–]

What is a rich person that already has a home going to do with a $100k house that costs another $100k for them each year?

TylerE on March 13, 2024 | [–]

What's the homeless person that can't afford it going to do with it?

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