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Because it's impossible to build new housing stock! Impossible! I'm coming to the belief that the denial of housing construction is willful generational warfar
by AtlasBarfed 3y ago
Because it's impossible to build new housing stock! Impossible!
I'm coming to the belief that the denial of housing construction is willful generational warfare. With so much "wealth" in housing values, the boomer voters resist any reform, and will sacrifice the next generations happily (just like they ALWAYS have).
And well, it's probably just good old rent seeking of the most literal kind by the "ownership society".
What the literal fuck has HUD been doing? This isn't even a project that the government should (theoretically) lose money on. You basically directly fund a shitton of housing construction directly. THEY SHOULD MAKE MONEY IN THE PROCESS!
Could HUD literally build anything it wanted regardless of local building codes and zoning, because the Feds (interstate commerce) can trump local laws?
- gloryjulio 3y agoYes. Just look at how they demonize commercial real estate decline. Real estate is the new feudal system to extract the values from the serfs