Asheville Vs Other Locations: Property Prices, Rental Yields, Home Insurance & Other Stats

What I'm saying is the length of leases can affect the ever increasing rise in rents. The longer a house is on the market the more the incentive for the landlord to lower their asking price. The lower the asking price the lower the incentive to buy a house, the lower the incentive to buy houses the lower the property tax. I know it's not that simple. The 2 months notice to terminate a lease increases the difficulty for a tenant to find a new house. The way that this housing thing ultimately gets resolved is a bubble pop. Why do we need to live in a boom and bust economy when it comes to nessecities like shelter? And I agree that the city government is a problem when it comes to creating affordable housing. I wonder if money and profit centric influences might have had a part in causing the situation though. The zoning restrictions are more of an afterthought concession to people who aren't part of the government influence than a modus operandi in my opinion. But I really am willing to admit that I am just sprinkling here. You probably know more about it than me. I also assert that I am not wrong though. The standard leasing practices have a direct effect on price increases. It's not as if capitalism as we have it now in our country was conceived this way from the outset, it evolved based on a self interest concept. I think we should, and I think are create incentives based on community interest. It is hard because many programs designed to foster community are taken advantage of by people only seeking profit, because the policies are often short sighted or afterthoughts. What we really need are organizations outside of government that foster community and perhaps when they are embraced they can try and gain government support via support of voters. Who knows. I can conceive of how section 8 might have negative impacts along the same lines as rent controls, but not for the individual whose only option for affordable living is section 8. If you'd like to elaborate please do. If enough developers over reach on their dept to profit ratio and demand for Asheville decreases relative to let's say Knoxville because marijuana or something has become legal in Tennessee you can bet there would be a bubble burst and rental pricing would decrease. Housing is always a sure bet until it's not anymore. For the individual and the economy as a whole. You are basically agreeing with me then that setting a high rent rate and then offering a discount rate for a longer lease increases market value to that level indefinitely though. And they just built a senior living facility in south Asheville that was designated affordable housing, likely giving the builders a tax break. I don't think that is so bad do you?

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