this post was submitted on 19 Mar 2024
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They could have easily solved that by pegging unit ownership to income.
Or, better yet, we could just build more units.
Or both. There is no reason to offer discounts to wealthy people just because they're first in line.
we could just build more high-density units
Im sure they also thought the lack of poor people owning houses was "easily solved" by banning landlords.
But how does pegging the unit ownership to income even work?
Very simply- you have to be under a certain income threshold to qualify for these homes. The same way it's done for lower-income housing everywhere else.
Where does this happen? I was under the impression that low income housing was owned by the state, or maybe someone else but under strict control by the state, and you had to fall under a certain income to rent there, not purchase.
Nowhere. But it should.
Okay, do now we're back to my original point:
Im sure they also thought the lack of poor people owning houses was “easily solved” by banning landlords.
Yes, again, because they didn't do anything about rich people taking advantage of it. I'm not sure why you're suggesting that "don't let rich people have the homes" would still make it impossible to house the poor.
I'm not suggest that, I'm pointing out that was seems "simple" often isn't and also often leads to unintended consequences.