Recent comments in /f/providence

lightningbolt1987 t1_jdszvqj wrote

It only drives up housing costs in that you can squeeE more rent out of each unit so the cost of the building goes up. In other words: more people crammed into one space makes BUYING more expensive but not renting. Wannabe east siders are griping that they can’t compete on the housing market with investors renting to students.

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Previous_Floor t1_jdswq5y wrote

>because boomers think housing with multiple college students isn't great to live near

One need not be a boomer to recognize that this is true. And everyone posting here knows it's true. You're simply concerned with housing costs going up. And that's definitely a valid concern, but the argument being used is dishonest and hypocritical.

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Marrsvolta t1_jdsripw wrote

They are trying to say this is to prevent the cost of housing going up but it will do the exact opposite. Out of town college kids who come from money will be able to afford being spread out. This will make a shortage of apartments for those who grew up here and have seen rent triple over the last 10 years. Whoever is pushing this is either an idiot or got the idea from one of those student housing companies that have been taking over Providence.

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