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2- My point is that you can "even own property from its salary." This is much easier outside of major cities than inside of them.
4- What do you think should change then to make living in major cities more affordable?
4 - re properties: rent control. prevent companies from owning residential property. tax empty properties. regulate cost assessments. more programs for first time buyers.
re: cost of living: programs to eliminate food deserts, invest in public transport, fines for monopoly/price fixing on groceries, regulate gas prices
other ideas: fund childcare, universal Healthcare, more education/school funding.
edit: not to mention tracking wages to inflation including minimum wage, UBI, better implementation of disability services, fund carers for disabilities, tax cuts for community programs, end right to work, strengthen unions, prevent banks from sub prime lending on property and vehicles.
All that sounds good, but how does it solve the issue of scarcity in major cities? Where there is not enough supply to meet demand?
It seems to me that it would just become a first-come, first-serve basis.
the shortage is of affordable housing, not housing.
there are plenty of houses, they just aren't affordable, so all of my points re: housing would help.
They aren't affordable because of supply and demand.
There's low supply and high demand which causes prices to increase.
Someone can afford them, just not you or anyone you know.