America’s housing crisis continues to worsen, renters are struggling more than homeowners, report says
America’s housing crisis continues to worsen, renters are struggling more than homeowners, report says
In America, home prices are at record highs while hundreds of thousands are homeless.
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Build. Social. Housing.
Its not a difficult concept. The “market” is not going to build anything that lowers the price. The market is not going to build anything fast enough. The market is absolutely not going to give a flying fuck about building to create communities.
Not in my back yard! Think of all the poor and homeless. Crime rate always goes up around them! This is a nice neighborhood!
Where I live the people in the towns with 5 million dollar home think those of us in the 1 million dollar homes are a criminal element that will invade their town.
LookingdownRiffraff.jpg
The meritocratic, capitalist way, would be to to put a property tax on it and to increase that tax, until
- rents increase so much that people can't afford to live in cities anymore
- cities lose essential employees
- society shuts down
- THEN property loses value
- then it can be bought cheaply again
- and also rented for a low price, because the tax on the low value property is also low
Let's go people!
The market will built it normally, the government doesn't allow them to.
If you really want to incentive building then you need a land value tax.
That's stupid, we already tried social housing and it didn't work. The market is the one and only thing that can reverse the situation, and it has done so before too, we just need to put in place the right incentives
Other countries made it work... i wonder how lol
Which countries? Unaffordable housing is a problem worldwide
Vienna, among other places, has had a successful model for decades.
https://www.politico.eu/article/vienna-social-housing-architecture-austria-stigma/
Vienna is an interesting case because it's one of the few democratic countries where the majority of the country isn't too opposed to subsidizing the housing of a single city without enjoying any of the benefits. I guess when the model can work when there's more people putting money into it than people who can actually enjoy it. Speaking of which, this system still has it's issues though. Everybody wants to live in these units, but not everybody can get one. In order to get one you have to apply and most likely be put on a waitlist. Some of these wait lists are brutal because there's only 5000-7000 units available. It's gotten bad to the point where people are turning more and more towards private housing. Even with the limited number of units, the city is actually struggling to maintain the system because of inflation and other factors.
Singapore
Singapore is an authoritarian city state. Their model can't be replicated in any country that's not an authoritarian city.
Well there is your answer ;)
the regimes along with ruling elites collude for it not to happen but sure we can play "politics" circle jerk around it
What are you on? There is no grand conspiracy. A city is much easier to manage than a big ass country and an authoritarian government has the power to carry out it's plans while giving zero fucks about the people. People don't realize that Singapore is one of the most authoritarian developed countries out there. In Singapore, all land is held by the state, people cannot own any property, they can only lease it from the government kind of like China. Neighborhoods have very strict ethnic quotas. For example, if you're ethnically Chinese and want to live in a neighborhood that is already 85% Chinese? Well tough luck because you're legally not allowed to buy there until that percentage comes down. Because everything is publicly owned, the government is in charge of maintenance, and a good chunk of the buildings aren't well maintained. You can't complain about it because Singapore is authoritarian. You also can't complain about the location or the design of the buildings because the governments gets decide all of that. What's more is that a lot of these projects are built on top Singaporean cultural and historical sites, which a lot of Singaporeans argue is an erasure of their culture. Despite all of these problems, their system works because their government is authoritarian, the city is small enough to be effectively managed, they've lucked out with a series of competent leaders. If any of three things isn't present, you'll have a recipe for disaster. Want an example? Just take a look at the Soviet Union.
You are spending a lot afford here proving what is essentially... SG can only do it because they care to do it, in my country we fuck poor's due to our superior political and economic system.
Thank you for making my point for me about how shiti our regime is lol
Anyway who cares, I got decent housing.
Fuck poor, stupid and homeless!!! Prolly asked for it anyway. Should be thank full we allow them to exist under our great regime!
Freedom rheeeeeee
This is such juvenile take. We're not going to turn our country into an authoritarian technocracy to implement a solution that is almost guaranteed to fail anywhere outside of an authoritarian city state. Singapore is not a model for any country, they are the anomaly in the world. We can't copy and paste. Other countries have tried the same idea and they all have failed. Romania, the Soviet Union, Poland, East Germany, China, etc. Our housing solution can't be built on childish ideals, they have to be pragamtic and they have to take into account our political system, our culture, our strengths, and our problems. When we look into our own history, we can see that we already solved our housing crises multiple times before. When there's a housing shortage, we have incentivize the market to flood the market with new units. This will drive down prices and increase inventory, which is exactly what we need. It's a tried and true method. The adjustments we need to make are basic too, we just have update our zoning laws remove outdated restrictions that outlaw mixed zoning and multifamily housing, as well as give local and regional municipalities more power and flexibility to design towns and cities around more than just cars.
we have incentivize the market to flood the market with new units. This will drive down prices and increase inventory, which is exactly what we need. It's a tried and true method. The adjustments we need to make are basic too, we just have update our zoning laws remove outdated restrictions that outlaw mixed zoning and multifamily housing, as well as give local and regional municipalities more power and flexibility to design towns and cities around more than just cars.
Nobody is disputing what the solution is... the issue that the regime will not allow any of this happen.
I don't see how that's a conspiracy since it it is happening before out eyes. Give some limp services about 5 "affordable" units in 1000 unit lux condo. That's where we are at now.
Fun fact: vast majority people in Romania own their property outright.
Also, you listed those countries, which clearly indicatives you don't know their history or housing situation. You are enumerating random shit to prove a point lol