this post was submitted on 21 Aug 2023
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I agree in principle, though I have a hard time seeing it going any other way than real estate developers getting even richer because now they just need to ~~bribe~~ lobby whatever politician is in charge of it for all the best deals
I mean nationalize the industry so no one makes money. Only government constructs housing. All real estate development firms are nationalized and taken over by government, all equipment seized, all construction workers now under employ of the government.
It might be the only real way to solve the problem.
Given a significant portion of politicians own investment and rental properties, I'd be nervous about how well they would actually handle owning all the housing supply. I think there are corruption issues and policies to protect the public needed before the government should own significant amounts of housing.
AKA we need a new government and to annihilate the ruling class
It will be impossible to have any functional system until the dysfunctional humans are removed from play.