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How would a non market based system work for housing though? How do we decide who gets to live in places like Honolulu or Boulder?
by mgraf1 4y ago
How would a non market based system work for housing though? How do we decide who gets to live in places like Honolulu or Boulder?
- igorkraw 4y agoThat's the hard question. Once you have a community that decides to so it differently, you can use democratic consensus or voting (partial exampl Vienna, lots of counter-market public housing), but to get there you either need force or political will for places like boulder (think cutting off any subsidies for private home ownership and replacing then with mandates to have public bodies or cooperatives build dense-but nice housing in their own backyard. Corruption management would of course be an issue, but at least in my country construction is famously corrupt even in the private sector...). For Honolulu I don't know...but is that actually an issue?
- mgraf1 4y agoThe point I'm getting at is that some places are much more desirable than others. In a market, it's prices that act as a mechanism for deciding who can live in a limited space. For example, way more people want to live on the beach than there are houses on the beach.