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We don't worry about food because we have an abundance of it, maybe not quite at the right ratios but enough that basically nobody starves. So we should do that
by dukeyukey 3y ago
We don't worry about food because we have an abundance of it, maybe not quite at the right ratios but enough that basically nobody starves. So we should do that for housing - build so much of it that pretty much anyone can get a home. The issue is that, not that 3 companies hold a miniscule 0.64% of an area's housing.
Build houses. Flood the market with houses.
- grecy 3y ago> Build houses That would be great. So, ah, when are we getting started and when will they be done? We've seen time and time again big infrastructure projects are hamstrung by red tape and NIMBYs, it's never going to happen. Also, just the materials for a house in many parts of Canada are $500k now, so it's not like you can just magically build an affordable house.
- dukeyukey 3y agoAs soon as we decide to start building houses. Probably by liberalising planning, but also by reducing the cost of the matereials. Housing poverty is a choice made by governments, mostly on behalf of everyday people who want their home to appreciate. But banning companies from owning houses isn't going to solve anything. It's a symptom, not a cause.