Why do you want free universities for degrees that actually give a net benefit?
And the reason housing is so expensive is directly due to government intervention in housing.
And the reason housing is so expensive is directly due to government intervention in housing.
Fuck off you conservative dipshit, try your incredibly wrong talking points somewhere people aren’t gonna see right through it
While it is certainly not the only reason, government intervention via zoning laws is definitely a factor in the house crisis. If mixed use zoning was more universally a thing, then that would be the government not intervening in the housing market.
It’s even more so due to the ultra-low interest rates that were the “temporary” “solution” to the post 2008 crash recession (only they weren’t all that temporary and didn’t really solve the problem, more pushed it along).
There is a lot of info out there about how such monetary policy pushed money up the yield-scale out of Treasuries and Bonds and into things like Stocks and Realestate.
Another point is the wealth concentration we’re seeing: as a bigger and bigger fraction of GDP ends up in the hands of the already very wealthy the fraction of GDP that’s seeking investment opportunities (rather than being spent: poorer people spend all or most of their income, whilst rich people spend but a tiny fraction and the rest they invest) exploded and all that has to go somewhere and Realestate is perceived as safe (especially if governments will do all they can to not let prices fall) and has a lot more yield than treasuries.
This shit goes all the way back to Obama, and was just as much pushed by Republicans as by Democracts.
because I’m not a piece of shit and want to see my fellow Americans do better. a rising tide lifts all boats.
Wow TIL all degrees are useless.
What’d you get your degree in? Maybe you got a useless one.
Sure, in short housing is too difficult and too expensive to build to keep up with demand. All this is due to government requirements on housing which adds over $100k on average per single family house, as well as it just being a general headeache. And this doesnt even get into the currency manipulation issue.
What requirements though?
And the government doesn’t control monetary policy, so can you expand on that too?
You could really use some of that free education because this take is absolutely moronic
That’s 100 percent, certified bullshit.
Government could fix housing SUPER fast. Tax rental payments on single-family homes at 100% to make SFR build-to-rent impossible.
I work in municipal development.
100% of new single-family developments approaching the city over the last 2 years have been for build-to-rent exclusively. The existing SFR homes are being bought up at massively inflated prices to convert them into rentals.
The only reliable way to buy a home for your family to live in within 50 miles of the city is to buy empty land and have a custom million+ dollar house built, because the existing inventory is being grabbed up by rental investors and new inventory isn’t even being made available for sale.
