A Boring Dystopia

Why not guarantee the basic necessities to all citizens? They pay taxes, after all; it's just that those tax dollars mostly go to bombing people overseas, funding multiple genocides, overmilitarization of police, corporate subsidies and bailouts, etc.

We can very easilly redirect at least some of those tax dollars to pay for everyones' basic needs, including, but not limited to: housing, healthcare, food, water, waste, sewage, high speed internet, public transit (like a bus/train pass).

And if we still don't have enough tax dollars for that, we can very easilly make more than enough by taxing billionaires and corporations at their appropriate rate, getting rid of all loopholes by ensuring there is a tax floor that all corporations have to pay.

Now, the system I am actually in favor of expands upon this idea of social democracy that I described above by forcing all corporations to become worker-owned coops after splitting them up into small businesses (by city, county, or rural region depending on what the locals prefer). This would also have the effect of abolishing the stock market, as the workers would have exclusive ownership of their company that they work for. This would functionally transform the workplace into a democracy. Imagine being able to hire/fire your boss with a vote, or having a say in what your company will be producing. This already exists, and they're called worker-owned coops.

I would also like a hard wealth cap of $50 million tied to inflation. Nobody needs more than $50 million to have more than a happy retirement, regardless of age.

I believe that money = power, and power leads to inevitable corruption. Therefore, the only logical way to prevent corruption is to prevent people from ever being able to have that kind of power.

Check out Professor Richard Wolff if you want to learn more about this stuff. He's a doctor and professor of economics with a focus on macroeconomics.

Housing as an investment leads to real estate speculation which pushes up prices. It creates a class of people who stand to gain when property values, and downstream of that rent, go up.

This class of people are very wealthy and tend to oppose any action that will decrease there property value. That includes things like building dense affordable housing, especially close to them, as that increases the supply of housing and thus decreases there property value.

This is true especially for land lords, even small "mom and pop" landlords. There goal is to raise rent and the value of there investment. Anything that will lower rent or even stabilize it like rent control they will oppose, no matter their scale.

Tl;dr: housing speculation creates a wealthy class of people opposed to housing affordability.