lemm.ee

-3 points

1 year ago

There are countless more efficient ways that are just less efficient at generating income for the ownership class. Do I need to run over all the strategies from pre-fuedalism to the varieties of modern public housing?

report

[ - ]

trailing9@lemmy.ml

1 point

1 year ago

I would like to know the strategy that you like best.

report

[ - ]

-2 points

1 year ago

Public funding of new housing and home maintenance, people are guaranteed a living place.

report

[ - ]

trailing9@lemmy.ml

1 point

1 year ago

Where is the advantage if you have to pay more taxes for it? If you look at public projects, do you think housing will stay within budget?

report

[ - ]

-3 points

1 year ago

I’d rather pay five percent of my income in taxes and not have to walk by homeless people because they have somewhere to live and not have to worry about being homeless if I lose my job or eventually retire and have to worry about constantly increasing rent or property taxes on a fixed income than pay around a third of my income in rent so Brad and Karen can go on another vacation to the Bahamas this year.

report

[ - ]

trailing9@lemmy.ml

1 point

1 year ago

How does that add up? If you pay 33% to Brad and Karen, where does the civil servants get the building sites, construction workers and materials for 5%, ignoring the extra space needed for the formerly homeless?

Do landlords have more than 500% profit margins?

report

[ - ]

-3 points

1 year ago

I’m basing this off of real world data taken from socialist projects. Rent in the USSR was 5 percent of income for example.

They do not have 500 percent margins because capitalism is incredibly inefficient and they’re only one small actor making money from the situation in a broader ecosystem of developers, construction companies, etc.

report