7 ms·
Housing affordability is a pervasive problem. All modestly compensated professions are at risk including all manner of repair and maintenance job. Subsidizing
by m0llusk 10y ago
Housing affordability is a pervasive problem. All modestly compensated professions are at risk including all manner of repair and maintenance job. Subsidizing all low end housing is not possible, so there must be some way to make housing available to those in need.
It should be understood that current circumstances have no precedent in history and show signs of market dysfunction. Just as most famines are complicated if not caused by market failures so the current lack of housing appears to be related to systemic failures. It is no coincidence that we are seeing rapid increases not only in people without homes but also homes without people at the same time as high end luxury estates intended as financial gambling chips go for decades without any residents moving in.