America was great when Americans cared for each other and the New Deal, by Roosevelt and the Democrats, helped narrow the inequality between the rich and poor.
MAGAts don’t understand this.
“We the People of the United States, in order to form a more perfect Union […] promote the general Welfare […] do ordain and establish this Constitution for the United States of America.”
Promoting the general welfare is literally stated in the constitution as one of the purposes of the United States. Anyone disagreeing with that hates America.
They just change the definition of what America is and accuse you of being a Communist
The Constitution is conservative toilet paper unless they are referencing it for their own gain. They define reality in the moment as what is most convenient for them. Also, if you disagree with them you hate America, obviously.
But if we do that now how will bankers and private equity buy their yachts??? Oh the humanity
This is straight up the problem. You cant reduce housing costs without reducing the price of houses. Individuals know this and reject housing development in their communities because they like to see line go up.
But if we want young people to ever be able to move out/buy a house, the price of houses has to fall.
The Republican strategy is to deport illegal immigrants and free up the housing they occupy, there by increasing supply and lowering demand.
The Democrat strategy is to build more low income housing and allow in anybody who wants to come here. Increasing supply slowly and increasing demand substantially.
Neither really push for a program to build low income housing and 1500sqft starter homes that are reasonably priced.
What is a starter home today is 2500sqft, and that is only because builders make more money on those than 1500sqft.
You forgot the increased subsidies for first time homebuyers in the democrat plan.
You are correct that neither party has proposed a solution that would help because neither party will admit that home prices need to fall, substancially.
Those subsidies are a fart in the wind against home prices inflated by artificial scarcity cause by passive income seekers and restrictive building codes that prevent low income and high density housing. It is like retailers giving a 10% discount for a week when they raise the prices 15%.
Such a weak and empty gesture to pander to voters. It is better than nothing, but that shouldn’t be the bar they campaign on. Dems need to grow some teeth.
Absolutely. Subsidies just make the problem worse next election cycle.
I’d challenge the word “illegal” in the Republican strategy, but I’m with the spirit of your post.
I agree with this comment. but that doesn’t change the fact that you’re a disingenuous dickhead.
My Silent Gen parents used to grumble about that. They called it communism.
Brainwashed into thinking they did it all by their own bootlaces
The community I grew up in was this way… the “CCC boys” as they were known locally built everything from houses to schools to churches to bridges.
Hahahaha we’re doing this in Canada right now.
Nowadays they would just sell it immediately after for more than market rate to some moron from California who thinks they’re getting a deal.
If enough of them are built it’s a non issue, why buy the one someone is trying to sell for a profit when you can buy the brand new one that is selling for less?
You could buy them faster than they are built, if you’re extremely rich.
Oh, so you just need to pass a law that these houses can only be owned by people who don’t own another house
It’s not magic
Yeah, I was just pointing out a loophole — and there are likely more.
Build enough of them and that problem will work itself out.
But you could also regulate or tax your way to making houses undesirable as investments.
They can do limited equity programs to mitigate this and other speculation. Ie. When you buy the house you agree to sell it at the inflation adjusted price you bought it at, maybe with a percent or two of appreciation as well.
You typically had to be white.
Still, hating on others less fortunate than yourself, even if you’ve got fuck all, is proven to be more powerful than getting them and yourself benefits.
Suburbs are about as ugly housing as possible