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Flauschige_Lemmata@lemmy.world ⁨1⁩ ⁨week⁩ ago

If the housing market gets so unprofitable that people aren’t building enough apartments, even though enough land is zoned for building, prices are too low.
That just leads to homelessness.

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Riverside@reddthat.com ⁨1⁩ ⁨week⁩ ago
So, build the housing socially by legal mandate. Only in capitalism “housing is too cheap” can be a bad thing

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- Flauschige_Lemmata@lemmy.world ⁨1⁩ ⁨week⁩ ago
  I’d definitely like more of that. But for such a legal mandate, the government would also have to pay for it. That means rising taxes. I’m okay with that.
  
  But at the moment, we are quite far from that. I’d already be pretty happy if the government would stop selling their governmental buildings. Especially to foreign investors.
  
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  - Riverside@reddthat.com ⁨1⁩ ⁨week⁩ ago
    
    the government would also have to pay for it. That means rising taxes
    
    Not necessarily. The government literally prints the money with which workers can be paid, there’s no need to increase taxes to pay for such housing. Modern monetary theory is cool!
    
    But at the moment, we are quite far from that. I’d already be pretty happy if the government would stop selling their governmental buildings
    
    Yes, we’re far, but that doesn’t make reformist measures more likely, they’re impossible to carry out without huge worker organizing through unions and socialist parties.
    
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