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> You can and should build more homes Yes. The entry point to ownership lies within a state of affordability. > but the end goal is to improve utility of land
by WarOnPrivacy 1y ago
> You can and should build more homes
Yes. The entry point to ownership lies within a state of affordability.
> but the end goal is to improve utility of land
For who? If it's anyone other than typical wage earners, this goal competes with home ownership by pressuring ownership costs upward and away from affordability.
For context, home purchases are mostly (if not fully) impossible for typical wage earners.
- simianwords 1y agoFor the city or country. Home ownership is not impossible, I know you meant it as hyperbole. We shouldn’t mind if home ownership becomes costly if more economic activity results out of it. More economic activity means more money in the hands of wage earners (just that proportionally more money is spent on housing which is okay).
- WarOnPrivacy 1y ago> Home ownership is not impossible, I know you meant it as hyperbole. I did not. 25% of US households make under $40/yr. (based on 2022 data that 25% of all US households make ~$35k/yr or less. +10% for minorities.)