Comment

Comment by Geniuzz

I don’t understand the negative sentiment here.

What’s the problem?

Do you think less money should be going into VC?

Just some numbers ~1.5M housing units are built in the US with an approx cost of $300k - $400k. That is $450B to $600B going into housing units construction every year.

On the other hand VC has maybe $1T AUM in the US. Maybe 10%-20% of that is deployed every year? So $100b to $200B.

What is wrong with that ratio? Could there be better solutions to make more housing cheaper? (lower regulations, efficient permitting, etc)

Money moving from VC to housing seems without a first principled approach on what problem your solving and how is silly.

parent Geniuzz 6 months ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton