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by simplerulezzz
486 days ago
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Simple rules can fix this and technology can help. Only residents can buy real estate. Only one property per household. They have to live in it at least 6 months a year. The rest of the 6 month they could rent, but only at a long term price. If a rental developer wishes to buy they should be steered in a area where rental development is allowed and encouraged. And then enforce the squatting laws. Because that is hurting the local population as well. |
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Measures as drastic as this need correspondingly dire reasons. You can call it "housing crisis", but the truth is there are many ways to fix this that don't come even close to this level of communism.
Dezoning, for once - I've linked this before: https://unchartedterritories.tomaspueyo.com/p/why-japan-succ...
Simply building more, and encouraging people to build (instead of encouraging them to do absolutely anything else)
Or, of last resort, what this article is describing - use public funds to buy buildings and rent them cheaply. It's insane, if you do the math, but it's a lot less insane than rent control or what you're suggesting.
(apologies if Poe's Law).