My country is sort of doing that. They're subsidising new builds to large development companies ... who will then sell them off at fucking ridiculous prices that nobody can conceivably afford.
this post was submitted on 07 Jun 2025
260 points (99.2% liked)
Neat - For neat stuff you found
982 readers
11 users here now
For stuff that's neat. Neat article? Neat video? Neat pic of a bug you saw? All good. Neat meme? Ehhh... take it to the meme subs.
founded 2 years ago
MODERATORS
Yup theres a couple new neighborhoods goin up down the street from me, houses start at 400k and they are smaller than the 200k house we own. Idk who they think will be able to afford that.
Blackrock i guess.
In the US they're firing all of the federal workers, which along with our military, is one of the largest social services in the country.
They need to start making fucking rent to own a thing again. This shit is getting absurd and they won't like it when we overthrow the landlords for this fuckery.
I hate myself so much for turning this down... The house I was renting was owned by a really nice guy who lived down the road and couldn't sell it for the 280k he wanted, it was off a main road and directly behind a gas station so I really didn't want to settle there, but for $280k I really wish I could have seen into the future... That was 2 years before covid. A year into covid and all the WFH people moving out to the area the house went to $500k... Now I don't even want to look at what it might be.
All that said I live in a garage now because the fucking prices are absolutely insane.
What country?
UK
They would (considering a reasonable government) if the problem was not enough houses. Right now there are enough houses, it's just not affordable. So a reasonable government's actions on this situation would have been to heavily tax people/corporations with high number of houses.
Or build more and sell at cost to first time buyers not corporations
So a reasonable government's actions on this situation would have been to heavily tax people/corporations with high number of houses.
Or, you know... Money?
That's a general solution we need I was just talking about housing problem.
The government does help build housing. My apartment complex got over 2 million in PPP loans forgiven, and they built a new complex next to mine while constantly raising my rent, doing construction with backup alarms going off nonstop & shutting down my ability to leave, etc. Best part is I live in a blue state, and the cify made sure they let me know they don't care cause they claimed it meant it would bring more taxpayers to the community.
We keep acting like we'll find other solutions & eat the rich is only a metaphor, but it is the only solution.
Hard part with these communities is that many were drivers of systemic racism. The charters would oftentimes include rules about who was allowed to move in.
Don't believe me? Look at the current population mix of any of those planned communities. That should be a rough approximation of the races that were allowed to participate.
These communities provided a leg up for anyone that was allowed in. They received a good subsidized community. It did not, and was not meant to, create an equal playing field for everyone.
But muh freedumb
Did they actually build a large enough amount to make a difference, or was it just symbolic?
Did you read the article? 30,000 families, 170,000 people.