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by woah 2640 days ago
This is a moronic statement. Housing shortages are not about “greed taking over”, they are about not having enough housing.

Edit: sorry for being rude, but attitudes like yours make things worse because they get people fired up about about useless actions that appeal to their base emotions. For example, Berlin wants to spend 36 billion dollars changing the ownership of some housing instead of spending 36 billion dollars building enough for everyone. Landlords cannot charge high rents if there is enough housing to go around.

1 comments

Simply increasing supply only temporarily ameliorates the problem. Eliminating landlords addresses a fundamental inefficiency in housing.
This is wrong of course. Public housing does nothing to suppress the problem of growing demand while having limited supply.