Spot on, Kim. Which is reason for great deal of the trepidation from housing justice advocates about the deregulation and build, build, build movement without any linked agenda for affordability, price restriction, decommodification. Really, this may be an Ah Ha Twitter moment.
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Local municipalities don’t have control over this superstructure. To get a small # of decommodified units with ~1% lottery odds, groups effectively choose to sacrifice the region’s middle class housing stock as everything reverse filters w inadequate unit production vs pop growth
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Forfeiting a social safety net and instead turning people’s homes into their primary savings vehicle was a scheme that _could_ only work for one generation. It was a lazy and irresponsible piece of public policy.
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This is on-point... https://t.co/wImAEpO1HP https://twitter.com/hamandcheese/status/1163832675385450496?s=21 …
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Right! “Home values are going up!” is good news for local politicians. But what Mayor would brag about the cost of food, or gasoline, or college going up? It’s the only commodity where most Americans think of themselves as sellers
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They're marketing to the sellers who live in the homes, who will turn out for the parks and rec meetings to NIMBY. Those that don't own yet have voices about as listened to as the voice of a blade of grass.
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For most of the country, housing isn’t actually that expensive. Moving from SF to Austin, we were shocked at the insane price difference! The problem is urban areas right now, and the insanely greedy people who buy up property to rent and create a stranglehold on the market.
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The stranglehold on the market is not due to landlord hoarding. The supply of land is fixed and all landowners are monopolists by definition. The key is to increase supply of useful homes; land can sustain multiple families by building up into apartments.
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Bitcoin fixes this
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Or it's our legacy of putting landownership on a pedestal. Voting used to be tied to land ownership and while many of the back end things have changed, ownership continues to be a privileged class and we'll bend over backwards to protect aspects of it, such as ROI.
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Although Texas with its high property tax seems to not protect property ownership as much as income, as the state lacks a income tax (instead some serious property taxes)
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Čini se da učitavanje traje već neko vrijeme.
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