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Joined 2 years ago
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Cake day: March 20th, 2024

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  • In the rest of the western world, landlords buy houses. They’re especially prolific for this in places with a high demand for housing, as this will maximise their profit extraction for the least amount of work. It’s a real problem, especially when the people denying mortgages to people are the same ones buying up the housing stock.

    The same claim is made in the UK about the “real” problem being building regulations, as if forcing developers to build infrastructure like schools and roads (along with the houses they want to build) is a bad thing. Luckily though, the idea that the private sector could save us from themselves, at the expense of their own profit, is so silly that most people are informed enough to dismiss it instantly as nothing more than the corporate propaganda it is.

    At some point, we have to start accepting the finite nature of land.









  • They do have these programs but they barely scratch the surface or even contra the damage currently being done to the communities in question.

    It’s not exactly easy but it’s not exactly impossible either. Of course, not you necessarily, someone could keep declaring it impossible to do no matter much the subject is researched.

    For example, we can see that the communities effected by this have had far less investment than places that benefitted. The way to fix a severe lack of investment is through significant investment. There’ll be more, of course, but that’s an easy one right there.