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I don't care if it's a company town. Affordable housing is far more important than any risk posed by company towns in our current market. If the government isn'
by zeroCalories 3y ago
I don't care if it's a company town. Affordable housing is far more important than any risk posed by company towns in our current market. If the government isn't willing to take drastic measures to increase the supply of housing, then we should applaud any attempts by industry to fill the gaps. We need to crash the housing market, with no survivors.
- milesvp 3y agoI applaud your sentiment. If I didn’t already fear a general collusion from the big players I too could get behind this idea. Sadly, the logical outcome of company towns in the kind of monopsonistic environment we’re in in the US is that there will be even less incentive to making housing easier to build outside of these company towns, and wages will continue to be depressed, with less mobility for workers.
- zeroCalories 3y agoYou're worrying about second or third order problems when we have a massive problem right now. There are no solutions to housing affordability that don't have risks or hurt someone. Not acting and allowing for this insane market to continue would be far worse than dealing with problematic company towns in the future.