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> This is where your argument totally loses steam. You can't just handwave and say you'll build public housing... that is an incredibly expensive and politicall
by tormeh 6y ago
> This is where your argument totally loses steam. You can't just handwave and say you'll build public housing... that is an incredibly expensive and politically difficult thing to do. When your theoretical solution to the problem is something that is very much not guaranteed (or even likely), and you pretend it'll just be no problem at all, you're ignoring reality and not presenting a useful solution.
Just issue municipal bonds, and use that money to build. Investors pay the German government to hold their money. Building is not expensive at all.