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In your example student loan relief also has a tangible benefit to indebted people. Affordable housing initiatives benefit people who need housing.
by shigawire 1y ago
In your example student loan relief also has a tangible benefit to indebted people. Affordable housing initiatives benefit people who need housing.
- jgalt212 1y agoMy point was everything the dems do to help out the poor also has the side effect of helping out the investor class. They say they help out the poor, and they do, but they also keep the plutocrats plutocratic.
- roxolotl 1y agoWhat would helping the poor without helping investors at all look like to you?
- jgalt212 1y agoLoosening up zoning laws to allow for much greater supply of housing. Blue states don't do this because it would be bad for the investor class who's owns real estate.
- williamcotton 1y agoIn states where there are looser zoning laws and more housing is built, who invests in and profits more from the new construction, the investor class or the poor?
- onlyrealcuzzo 1y agoWho un-benefits more from there not being enough housing? The rich or the homeless?
- jgalt212 1y agoIn such scenarios, there are no excess returns from home construction. Homebuyers benefit from abundant supply.
- amanaplanacanal 1y agoSome blue states have done this, including California, Oregon, Connecticut, and Maine. I expect more will follow.