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…
> 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…
Isn't this true though? You tax away peoples' purchasing power to give away free goods/services to a subset of the population excluding those that paid for it.
Why not instead make a private company that provides free housing conditional on those living there working X hours in a factory producing widgets? So long as both parties agree, that would be a better solution as it is pareto optimal.