Isn't the issue, far more than a lack of houses, that landlords will literally own tens to hundreds to even thousands of properties, therefore removing the free market aspect?
We are nowhere near hitting the point where we have run out of land, half of our country is basically barren. Until we are Japanese-level packed into a city like sardines I do not think we are actually using our land to its maximum capacity (although, we shouldn't make it that bad).I do too but there is only so much land near desirable areas. There’s a finite amount of land and zoning to contend with. In the hot markets the price of a home is more land than the physical structure. We can build cheap homes out in middle of no where Kansas but no one is trying to live there so what good is it?
Isn't the issue, far more than a lack of houses, that landlords will literally own tens to hundreds to even thousands of properties, therefore removing the free market aspect?
We are nowhere near hitting the point where we have run out of land, half of our country is basically barren. Until we are Japanese-level packed into a city like sardines I do not think we are actually using our land to its maximum capacity (although, we shouldn't make it that bad).
Rent-seekers buying up a lot of properties is part of the problem, but it's not the whole story. As RaikouLover pointed out, there's also the matter of demand for housing being concentrated in a few areas. Cheap homes in Detroit don't do much good for homeless people in Los Angeles. A lot of the new housing being built is also out of the price range of the people who really need it because higher-end housing is more lucrative for developers. Politicians aren't incentivized to do much about the problem because it's easier to simply push homeless people out of sight and out of mind, and they often stand to benefit from luxury housing that brings more affluent people (read: more tax money) into their districts. That's not to say that there's nothing to be done, but it's not as simple as just building more houses. Incentives have to change.Isn't the issue, far more than a lack of houses, that landlords will literally own tens to hundreds to even thousands of properties, therefore removing the free market aspect?
Several reasons. One, moving away from family. Two, job security. Three, some people like living in the city.Yes, but no one wants to live in those areas. If you want cheap housing, why don’t you move to a cheap af area? Or buy a house in Detroit or Memphis? I think you know this…
i think everyone should be able to have a house regardless of employment status!!!I think houses should be cheap and that anyone with a job should be able to afford one
i think everyone should be able to have a house regardless of employment status!!!
If Harris / Biden are able to enact this, Republicans are just gonna file bullshit court cases and its not gonna go through, just like what happened with the student loan debt relief. Sad state of affairs.
That said, the acts she proposed may be able to get by congress, so home owners might not be completely screwed.
This is true but I was too much of a coward to say iti think everyone should be able to have a house regardless of employment status!!!
Alright, time to give my wild economy take that I've had for a while.
We should switch to communism. (The economic practice, not the government practice. The one where everyone gets equal money.)
Now, I know what you are thinking. Communism is not a sustainable economic practice. And that was true, because it would give no one an incentive to work.
Anyways, the current problem capitalist economies face is that robots are taking all of our jobs, and so no one can work to get a living.
Now, lets say we switched to a communist economic system. Now, the two problems cancel each other out. Robots taking all of our jobs? No one is working anyways. No one is working? Now you have robots to do everything for you. Obviously there are still many jobs that humans have to do, but we can figure something out. The point is that we have the chance to live in a society that works fine even if most of the population is not working, and that doesn't need people to struggle to find a job to have the right to live. Yes there will be complications, but if we can figure the complications out, we can essentially live in a utopia.
Anyways, please tell me what I am missing here, because this is clearly too good to be true, and it almost certainly is.
Well the American education system disagrees. It also agrees. My teachers have said both.Sir I believe you mean to say Socialism.
I totally get it but that is the problem. Everyone desires good jobs, schools, and quality of life.. and those are concentrated in say… a dozen or so prosperous metropolitan areas. Hence, the demand for housing is extreme in those areas and there is a finite amount of existing housing units and buildable housing units.
There’s a mass exodus out of places like NYC and California to places like Phoenix, Las Vegas, Texas, South Florida, and Atlanta. As such, those areas are getting pricier. No longer are they bargain. Have to build more housing units. And we need to talk about making economically depressed areas and mid-tier cities more desirable.
Now, lets say we switched to a communist economic system. Now, the two problems cancel each other out. Robots taking all of our jobs? No one is working anyways. No one is working? Now you have robots to do everything for you. Obviously there are still many jobs that humans have to do, but we can figure something out. The point is that we have the chance to live in a society that works fine even if most of the population is not working, and that doesn't need people to struggle to find a job to have the right to live. Yes there will be complications, but if we can figure the complications out, we can essentially live in a utopia.
Rather than?I live in a suburb area and when we drive to the local shops, they're building condos rather than affordable housing
As a fellow fan of the concept of Universal Basic Income (UBI), I appreciate that you've got the spirit, though others have correctly pointed out that what you're describing isn't really communism. I would quite like it if we implemented some sort of UBI, but I've accepted that it's too adjacent to socialism for America to ever do it.Alright, time to give my wild economy take that I've had for a while.
We should switch to communism. (The economic practice, not the government practice. The one where everyone gets equal money.)
Now, I know what you are thinking. Communism is not a sustainable economic practice. And that was true, because it would give no one an incentive to work.
Anyways, the current problem capitalist economies face is that robots are taking all of our jobs, and so no one can work to get a living.
Now, lets say we switched to a communist economic system. Now, the two problems cancel each other out. Robots taking all of our jobs? No one is working anyways. No one is working? Now you have robots to do everything for you. Obviously there are still many jobs that humans have to do, but we can figure something out. The point is that we have the chance to live in a society that works fine even if most of the population is not working, and that doesn't need people to struggle to find a job to have the right to live. Yes there will be complications, but if we can figure the complications out, we can essentially live in a utopia.
Anyways, please tell me what I am missing here, because this is clearly too good to be true, and it almost certainly is.
Anyway, I'm usually very cynical when it comes to politics but it was hard to watch this and not feel like this is a reinvigorated party that's going to continue well after they win in November. There are no shortage of policy issues I wish the Democratic party would adopt but if this is a sign of the party, for the first time in a long time I don't feel complete dread when thinking about the future of the Democratic party.
Only time will tell if this new zoomer-conscious PR actually translates to a significant shift in platform, and I have my doubts, but it's nice to see the Dems seemingly on the front foot for once.Just finished watching the DNC role call (not really official since she was already confirmed as the nominee a few weeks ago) and god DAMN that shit got me libbed up. They had a whole ass party announcing the delegates and had lots of young people speak for their state instead of just the establishment. They had Lil Jon, Sean Aston, trans people, zoomer boomer alliances, people rocking Palestinian pins, and more. They played Not Like Us as Newsom announced the delegate votes. Just insane amounts of energy and coordination when you consider how last minute this shit was probably put together. I never thought in my lifetime I would see this level of energy and excitement from Democrats. And to top it all off Kamala is giving a speech from a full arena in Milwaukee RIGHT NOW where the RNC was held. This bitch literally filled the DNC and RNC arena in a single night. Insane power move.
Anyway, I'm usually very cynical when it comes to politics but it was hard to watch this and not feel like this is a reinvigorated party that's going to continue well after they win in November. There are no shortage of policy issues I wish the Democratic party would adopt but if this is a sign of the party, for the first time in a long time I don't feel complete dread when thinking about the future of the Democratic party.