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by hannasanarion 2324 days ago
If housing was not a commodity, then it could not be bought and traded with fluctuations of value and expectations of profit on the part of the owners. The cost of housing would not be a problem if it was priced for the benefit it provides, instead of its profit potential.
2 comments

It isn't the price of housing that's the root problem, it's the arithmetic. There aren't enough homes in places people want to live for the people who want to live there. The price decides who gets them, but arithmetic causes the underlying suffering.

If there isn't enough food, someone goes hungry. The price just decides who. If there isn't enough housing, someone has to move out. The price just decides who.

Choosing "who" via a more equitable method than price doesn't reduce the amount of suffering, it just spreads it around better.

What you're saying is that price isn't the problem, scarcity is the problem. Price is just an inevitable consequence of scarcity – the symptom, not the cause.
yeah, housing should not be a commodity and should not be subject to market forces; instead, a benevolent committee of compassionate people (well-read into marxism, of course) should decide who gets to live where