Look all I know is it has made rent affordable for a lot of low income families and improved the quality of life. Developers aren’t interested in housing that isn’t profitable, so they only build medium and high income developments. It leaves low income folks out to dry.
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I think housing subsidies to poor families are supposed to help cover that gap for private investors.
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But then you still have a profiteering middleman in the landlord.
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You know who else gets their housing from profiteering middle men? Everyone who’s not poor That should tell you something
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What I mean by bringing up the profit incentive is that it raises the costs. If you operate housing without any profit incentive it keeps the costs lower because nobody makes money off the enterprise.
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Profit incentive is generally okay if not good if you allow for competition in established fields.
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Right but why would we want to use public money to help landlords get richer instead of using public money to finance housing directly? I don’t care about landlords. I care about the people who need low cost housing.
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Replying to @kstreethipster @ersatzverite and
It’s the same with the school debate. Every dollar we give in vouchers to profiteering charter school companies takes money that could have been put directly into the public school system and not line any pockets!
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No offense, but your views on these things are so fundamentally naive and complete ignore the reality of how public services are provisioned in poor and non-white communities
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I literally live in a non white community but no offense taken.
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I live in Hong Kong. Doesn’t mean I know all that much about Cantonese culture
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I’m not pretending to have a non white culture. All I was doing was describing my take on housing and schools.
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