Fuck the realestate industry period. It shouldn’t be commodified to the point where there are more empty houses up for rent, airbnb, or sitting empty as “investments” than there are homeless. Foreign companies are allowed to buy up realestate and literally extract wealth from the country for something that’s supposed to ultimately be owned by the country (hence no escaping property taxes or eminate domain)… It’s such a limitedly regulated mess that any such “free market” cannot responsibly control.
We need to have way more empty housing than homeless. We can literally build as much housing as we choose. The current high price is literally what our society has decided the price is based on limiting supply.
Fuck the realestate industry period. It shouldn’t be commodified to the point where there are more empty houses up for rent, airbnb, or sitting empty as “investments” than there are homeless. Foreign companies are allowed to buy up realestate and literally extract wealth from the country for something that’s supposed to ultimately be owned by the country (hence no escaping property taxes or eminate domain)… It’s such a limitedly regulated mess that any such “free market” cannot responsibly control.
We need to have way more empty housing than homeless. We can literally build as much housing as we choose. The current high price is literally what our society has decided the price is based on limiting supply.