[richardknop]

Because then it becomes moral hazard (like every bailout or free handout). Let’s say I live in centre of big city and pay crazy high rent and make sacrifices to save much bigger cash pile required to be able to afford to get on a property ladder.

And people in suburbs will just get free cheque from government to move? That is incredibly unfair to people living in cities hence it creates moral issue.

[saint_fiasco]

Why? Was the death of the suburb something that they should have foreseen? An irresponsible risk they chose to ignore?

If not, it is not more unfair than when health insurance uses the money of healthy people to pay for treatment of sick people. Or when the Federal Government uses the money of people who live in the mainland to pay for hurricane relief for people who live near the coast.

[richardknop]

Then why not write government cheque for all millennials to buy their own property so they don’t have to rent? Would you support that?

Where do you stop? Should a family of four (two young children) that lives in a 1 bedroom apartment in city be given a 2 bedroom apartment by the city government? They obviously need it.

I agree with socialised healthcare and education. First one because health is not some thing you choose but is affected heavily by genetic lottery (yes unhealthy lifestyle is a problem but it’s hard to objectively quantify) and second one because it means levelling of the opportunity field for young people not born to wealthy parents (again this is related to lottery of birth, what kind of family you are born into).

But housing is very different from healthcare and education.

[saint_fiasco]

My concern is not a moral one about birth lotteries and socialism. It's a pragmatic one about infrastructure costs.

Sick people are less productive. Uneducated people are less productive. People who are stuck on a dying suburb where there is no business and there are no jobs are less productive.