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Have you seen the price of rent recently? That's a nice dream but half the people I know can't afford to live within 25 miles of where they work. <$100 a mont
by ken 7y ago
Have you seen the price of rent recently? That's a nice dream but half the people I know can't afford to live within 25 miles of where they work. <$100 a month in gas will save >$750 a month in rent. The economics aren't there, and most people won't act against their own economic self interest.
- Pfhreak 7y agoWe should invest in excellent public housing, and not require it to fund its own maintenance. Build more units, rent them below market rates.
- papermachete 7y agoNo, we shouldn't. I don't want my tax money being wasted on people getting a better place to live. What's next, loners and the elderly should be outcast to the outskirts?
- 0xfaded 7y agoIf tax dollars were spent exactly how each individual tax payers wanted them to be, there would be little point in taxation. And I highly doubt that someone living in public housing who is able to live close to work would see those tax dollars being "wasted". The right to own private property is more or less bought through taxes. If the deal becomes too unfair, you get Trump or Bernie. If the deal becomes untenable, you get guillotines.
- Pfhreak 7y agoWhat? Right now people are being forced to the outskirts. Especially the elderly, the poor, etc. A healthy supply of non commodity housing keeps them in the neighborhood.
- papermachete 7y agoThat's just the free market. The same free market that decides a structured bunch of bricks should cost 10x more in SF than Austin.
- chefkoch 7y ago> <$100 a month in gas will save >$750 a month in rent. But you don't put a monetary value in zhe time stuck in traffic.
- julianlam 7y agoSure, people definitely do. They just consistently undervalue their time, is all.
- rebuilder 7y agoI'm not sure thats what's going in here. If you're working 8 h a day at, say, 15€ / h, then even assuming you can choose between commuting 1 h more or working 10 h days, the commute may make more economic sense, depending on the rent situation.Also, mostly you're not going to get the chance to work those 10 hours every day all year.
- amiga_500 7y agoThe solution to that is taxing land.