Earlier quoted context omitted.
Much like single payer healthcare (which even a majority of Republicans are in favor of), the program is perfectly palatable to voters. The problem is that the investors who fund political campaigns and media oligarchs hate HATE HATE public housing, because it reduces the value of their property investments. Extra supply reduces the price of existing supply. In order to win elections, you almost need those investors…
> In order to win elections, you almost need those investors on your side more than the actual public …because those few elite investors outnumber the voting public at the voting booth? This claim doesn’t make any sense. It’s weird conspiratorial thinking. EDIT: Yes, people. I’m familiar with Fox News and the concept of campaign donations. However, Fox News’ prime time viewership is around 0.5% of the US population a…
What if public housing were for everyone?
11–20 of 93 posts
Re: What if public housing were for everyone?
#12Earlier quoted context omitted.
Much like single payer healthcare (which even a majority of Republicans are in favor of), the program is perfectly palatable to voters. The problem is that the investors who fund political campaigns and media oligarchs hate HATE HATE public housing, because it reduces the value of their property investments. Extra supply reduces the price of existing supply. In order to win elections, you almost need those investors…
> the program is perfectly palatable to voters. [...] The problem is that the investors who fund political campaigns and media oligarchs hate HATE HATE public housing, because it reduces the value of their property investments. I'm not sure that's largely true. I suspect that many property-owning voters are okay with the concept of public housing, but are less ken on the actuality that building public housing increas…
With renting, you never get anything. You just are allowed to live there while you pay.
Re: What if public housing were for everyone?
#13I would like to see apartments more suitable for families. 3 bedrooms.
Re: What if public housing were for everyone?
#14This make land very expensive to developers and limits competition. Developing, rezoning, acquiring land can take expertise and political capital. Small developers have a hard time getting involved in tight markets, where most development is now handled by the national builders on a huge scale.
We need to approach this from a different perspective. One is to kill speculative land investments with a land value tax, causing people who aren't using the land to sell off. Two is to streamline zoning and permitting processes to make it much easier for upstart developers to get started on smaller scales.
Re: What if public housing were for everyone?
#15My understanding is that one of the feature's of Singapore's public housing is that there is a range of qualities from basic to luxury. It seems to me that could help make such a program more palatable.
Much like single payer healthcare (which even a majority of Republicans are in favor of), the program is perfectly palatable to voters. The problem is that the investors who fund political campaigns and media oligarchs hate HATE HATE public housing, because it reduces the value of their property investments. Extra supply reduces the price of existing supply. In order to win elections, you almost need those investors…
While this is obviously correct, you completely ignored that all owners of housing have the same incentives. "All homeowners" is a much more consequential demographic, especially in local elections.
More than that, these people aren't just against public housing, they are against any housing being built. It's so tiresome when people selectively ignore basic facts in order to pin the blame on their favourite scapegoats.
Re: What if public housing were for everyone?
#16Re: What if public housing were for everyone?
#17Earlier quoted context omitted.
Much like single payer healthcare (which even a majority of Republicans are in favor of), the program is perfectly palatable to voters. The problem is that the investors who fund political campaigns and media oligarchs hate HATE HATE public housing, because it reduces the value of their property investments. Extra supply reduces the price of existing supply. In order to win elections, you almost need those investors…
> In order to win elections, you almost need those investors on your side more than the actual public …because those few elite investors outnumber the voting public at the voting booth? This claim doesn’t make any sense. It’s weird conspiratorial thinking. EDIT: Yes, people. I’m familiar with Fox News and the concept of campaign donations. However, Fox News’ prime time viewership is around 0.5% of the US population a…
Re: What if public housing were for everyone?
#18public housing doesn't address the root of the problem. Housing prices are insane because it's expensive and difficult to acquire and develop land. There's two primary reasons- zoning, and speculative investment that keeps good land off of the market. This make land very expensive to developers and limits competition. Developing, rezoning, acquiring land can take expertise and political capital. Small developers have…
While I agree with the second point, I’m having a hard time understanding how zoning can affect pricing. Isn’t it just “you can’t build industry next to residential”?
Re: What if public housing were for everyone?
#19Earlier quoted context omitted.
Much like single payer healthcare (which even a majority of Republicans are in favor of), the program is perfectly palatable to voters. The problem is that the investors who fund political campaigns and media oligarchs hate HATE HATE public housing, because it reduces the value of their property investments. Extra supply reduces the price of existing supply. In order to win elections, you almost need those investors…
> In order to win elections, you almost need those investors on your side more than the actual public …because those few elite investors outnumber the voting public at the voting booth? This claim doesn’t make any sense. It’s weird conspiratorial thinking. EDIT: Yes, people. I’m familiar with Fox News and the concept of campaign donations. However, Fox News’ prime time viewership is around 0.5% of the US population a…
Re: What if public housing were for everyone?
#20Those countries demographics are way different than the US for affordable housing. It’s comparing apples and tennis balls.