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It's hard to say that surplus wealth generated by the labor of others should be directed towards investor/owner profits, but not towards housing for workers. Th
by slantedview 3y ago
It's hard to say that surplus wealth generated by the labor of others should be directed towards investor/owner profits, but not towards housing for workers. The difference between these two outcomes is a policy decision.
- gottorf 3y agoIf we're talking about housing for workers specifically, Hawaii ranks near dead-last on land-use freedom[0] among the fifty states; meaning that the state as a whole is like the San Francisco Bay Area, being very difficult to build housing to match demand[1]. This, too, is a policy decision, and fixing this one is both easier and would result in a more sustainable long-term wealth growth, compared to the state forcing the direction of the "surplus wealth" of economic endeavors. [0]: https://cdn.freedominthe50states.org/download/2021/onesheet/HI%20profile.pdf https://cdn.freedominthe50states.org/download/2021/onesheet/... [1]: https://www.mauinews.com/news/local-news/2022/04/uhero-hawaiis-housing-regulations-among-toughest/ https://www.mauinews.com/news/local-news/2022/04/uhero-hawai...