2 ms·
The housing crisis isn't due to investment, but onerous government regulation that makes it near impossible to build - decades-long planning processes, dozens o
by GardenLetter27 1y ago
The housing crisis isn't due to investment, but onerous government regulation that makes it near impossible to build - decades-long planning processes, dozens of consultations (local public, and NGOs, etc.)
That's exactly what I mean by removing bureaucratic processes to unlock investment.
But the "many" can learn useful skills and innovate to also make a lot of money. Everyone should be able to start a business easily - without excessive capital requirements or expensive notaries. STEM education should be free and widely available (or with very low interest loans if we let the loan interest be decided per subject, per student grades, etc.)
- cloverich 1y agoInvestment in sfh definitely plays a major role. It's not an either or situation. Build more houses. Make SFH investment homes unprofitable. Both will increase the homes on the market, lowering prices.