What could go right? If apartments cost $100, everyone would own one and there would be no speculative market in them — no rental market at all probably.
This policy is called rent control and it doesn’t work. New York has it and rent is still astronomical. All you would do is eliminate any incentive to build new housing, which is the actual source of the problem
“It doesn’t work” because profits. If you are in socialized housing there is no need for profit. It’s also kinda absurd to think that, were rent fixed, that there would not be a sea change in how housing and regulations surrounding housing works. It’s myopic to simply say “fixed rent costs = landlords stopping maintaining property” or some such. It would have to be comprehensive, not a sudden, poorly thought out decree like trump would do.
Christ dude don’t be so damn binary. Both your comments are. There is nobody saying everyone will or must live in socialized housing in this hypothetical.
There’s always a need for profit, otherwise you end up with Chinese ghost cities with millions of empty and rotting homes. They will also become a huge environmental catastrophe there quite soon.
I’m not sure we could go back to the stone age, as a society. That would require collective amnesia. We can’t simply forget electricity and wavefunctions, QSARs.
Mind you, some people are still living a stone age mindset.
There are other options than a single choice to regress.
The majority of the population doesn’t even know ohm’s law, what wave functions are you even talking about? Remove a bunch of engineers and the whole world will be back in stone age in no time.
What could go right? If apartments cost $100, everyone would own one and there would be no speculative market in them — no rental market at all probably.
15 years ago I rented an apartment, in the US, for $250 a month.
This policy is called rent control and it doesn’t work. New York has it and rent is still astronomical. All you would do is eliminate any incentive to build new housing, which is the actual source of the problem
“It doesn’t work” because profits. If you are in socialized housing there is no need for profit. It’s also kinda absurd to think that, were rent fixed, that there would not be a sea change in how housing and regulations surrounding housing works. It’s myopic to simply say “fixed rent costs = landlords stopping maintaining property” or some such. It would have to be comprehensive, not a sudden, poorly thought out decree like trump would do.
A world in which we all live in project housing is a dark one indeed
Christ dude don’t be so damn binary. Both your comments are. There is nobody saying everyone will or must live in socialized housing in this hypothetical.
Then why bring it up? We’re talking about a system of private housing with a profit incentive
There’s always a need for profit, otherwise you end up with Chinese ghost cities with millions of empty and rotting homes. They will also become a huge environmental catastrophe there quite soon.
Another binary choice someone is inventing. Nobody said it all had to be socialized.
Imagine there’s no possessions… I wonder if you can…
Yeah, I don’t want to live in a stone age.
I’m not sure we could go back to the stone age, as a society. That would require collective amnesia. We can’t simply forget electricity and wavefunctions, QSARs.
Mind you, some people are still living a stone age mindset.
There are other options than a single choice to regress.
The majority of the population doesn’t even know ohm’s law, what wave functions are you even talking about? Remove a bunch of engineers and the whole world will be back in stone age in no time.
Erwin Schroedingers wavefunctions for atomic orbitals. Yeah, I’m not so confident.