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> Wouldn't the state have to acquire the land and keep up with building codes as well? The issue is to acquire land suitable for housing, which is scarce. The
by tpm 6y ago
> Wouldn't the state have to acquire the land and keep up with building codes as well?
The issue is to acquire land suitable for housing, which is scarce. The suitability itself is defined by various regulations. The state can (and should) change the regulations. The state can (and should) update the building codes, too.
> Cooperatives are member-owned...
Yes that is clear, but as they are explicitly not the state, the state has sadly no incentive to help them. The state also does not help the cities to build housing. The private developers always find a way to build flats, but as you can probably imagine, sometimes corruption can be involved and that makes the resulting product expensive.
Also cooperatives are problably not really trusted here; people fear being taken advantage of, so they mostle care about themselves. Each one for himself, that is our society in a nutshell. See also Covid mortality. Sorry for the off-topic.
> Why aren't more rentals being created in Slovakia? Just because of social stigma of not owning?
Partly that. Also the aforementioned complications mean that new developments are expensive and are marketed as luxury. And the demand for housing is huge so the developers are catering to the high-margin end of market and are not interested in long-term rented property management.