Universal and Disney building housing for its workforce amid rising rents

The house that we sold five years ago has been renting out for more than twice what our mortgage was for it. That's insane. The more "affordable" places exist, but they're so far away from the parks.

Employer-sponsored projects like Catchlight Crossings can’t mandate that only their employees can be tenants

This was the information I was looking for.

What's interesting is that a lot of people feel that the market automatically adjusts to fill needs. That doesn't seem to be the case in Orlando or especially San Diego, where the tolerance for pain seems to be high. The truth is that although the market does respond, in many cases it's a very slow and painful process. It has to graduate to being a campaign issue before anything meaningful happens it seems.

In the ten years that I've been here, developers have probably built thousands of new units within 10 miles of where I live. They go cheap the first year to get people in them as quickly as possible, then on renewal they all go up a ton. The market has a supply problem despite all of the construction, so rents continue to be insane. I wish I knew what the answer was, but these sorts of projects seem like necessary investments to maintain their workforces.

I spent a few years playing the "move every 13 months to get another move-in special on a cheaply made new apartment" game in Orlando. It was exhausting, but necessary at the time.

That sadly sounds like people getting deals on Internet subscriptions, only with something a little more important like, you know, shelter.