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> Nationalize key industries and socialize basic services like education and housing. Yeah, hopefully they don't achieve this.
> Nationalize key industries and socialize basic services like education and housing. Yeah, hopefully they don't achieve this.
In some countries with absurdly high house prices, I think some level of nationalisation of housing is an eventual inevitability. Much like Seoul, places like Sydney are so expensive that unless you already own a house, or are eventually going to inherit one, no amount of hard work or education can reliably get you into the market. Entry level prices within 25 miles of the city are around A$1.5m for a detached house,…
Earlier quoted context omitted.
Why? Some forms of this work pretty well in lots of countries, it doesn't in others. As with all its in the details but straight out saying no is just ignorant.
I'm not aware of anywhere that attempts to socialise housing has worked well. As a teacher and someone who has been a student I'm also extremely hesitant to say that the way education is usually provided [1] counts as working well, whether you're looking at purely economic returns on investment or human flourishing. [1] Not a knock on government provision in this case as demand for education with any real freedom see…
In Vienna about 25% of the total housing stock is public housing[1]. It's the main reason why rental prices are significantly below other European capitals[2].
[1] https://www.huduser.gov/portal/pdredge/pdr_edge_featd_articl...
[2] https://www.statista.com/statistics/503274/average-rental-co...
> Nationalize key industries and socialize basic services like education and housing. Yeah, hopefully they don't achieve this.
In some countries with absurdly high house prices, I think some level of nationalisation of housing is an eventual inevitability. Much like Seoul, places like Sydney are so expensive that unless you already own a house, or are eventually going to inherit one, no amount of hard work or education can reliably get you into the market. Entry level prices within 25 miles of the city are around A$1.5m for a detached house,…
Earlier quoted context omitted.
In some countries with absurdly high house prices, I think some level of nationalisation of housing is an eventual inevitability. Much like Seoul, places like Sydney are so expensive that unless you already own a house, or are eventually going to inherit one, no amount of hard work or education can reliably get you into the market. Entry level prices within 25 miles of the city are around A$1.5m for a detached house,…
And places like Sydney are expensive in no small part because of issues like negative gearing and zoning controls, all in direct control of the government. Also the government is under no incentive to change the status quo because like any good mafia they take their cut of every transaction with stamp duty "oh you two want to trade, where's mine?".
> Nationalize key industries and socialize basic services like education and housing. Yeah, hopefully they don't achieve this.
Maybe all these snowpiercer, squid games, parasite narratives are having an effect? Its like all these dystopic, zombie, monster, battle royale movies and shows are just expressing the never ending exploitaion and helplessness around people.
Earlier quoted context omitted.
I'm not aware of anywhere that attempts to socialise housing has worked well. As a teacher and someone who has been a student I'm also extremely hesitant to say that the way education is usually provided [1] counts as working well, whether you're looking at purely economic returns on investment or human flourishing. [1] Not a knock on government provision in this case as demand for education with any real freedom see…
> I'm not aware of anywhere that attempts to socialise housing has worked well. In Vienna about 25% of the total housing stock is public housing[1]. It's the main reason why rental prices are significantly below other European capitals[2]. [1] https://www.huduser.gov/portal/pdredge/pdr_edge_featd_articl... [2] https://www.statista.com/statistics/503274/average-rental-co...
> Nationalize key industries and socialize basic services like education and housing. Yeah, hopefully they don't achieve this.