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by prepend 2677 days ago
Profit motive leads to more shelter being built. The same reason why you want food production for-profit.

Not everything works best with profit motive (eg, healthcare) but if you want affordable housing then maximizing profit motive will help produce more housing.

2 comments

No, profit motive leads to more shelter being built for those who can afford it and everyone outside of that gets to live on the streets. See: Seattle.
Well, we had food and shelter before we had profit motives.
> Well, we had food and shelter before we had profit motives

Did we? The Hobbesian original condition is one of the strongest "profit" motives around. Natural selection is unsentimental and unforgiving. This idea of distributing things according to "need" is a very recent novelty.

It existed, but was very unequally distributed. And that’s why so many people starved and died from natural disasters.

I don’t think profit margin typically makes things possible in a binary manner. I think it just makes them more efficient.