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The Housing Crisis is the Everything Crisis
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The Housing Crisis is the Everything Crisis
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This video is over a year old and hasn’t aged well. I wouldn’t look to China as a model for how to fix a housing crisis.
In my opinion, the best way to prevent decline in lower income areas and lift people out is to enable pride through ownership. Rent to own, let people gain equity, and they will be more likely to keep their property values up and crime down.
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Fixing the housing crisis is incredibly easy and could be done overnight. Here’s how:
* Ban businesses from owning single dwelling households
That’s all it will take, but it will never happen. Within a few generations, no one will own a home anymore, you will rent until the day you die.
How about we tax the rich and give it back to the people? Seems better than “live on top of people”
What no, if you build more then there would be more inventory and that would lower the prices which all the banks and hedge companies own. They don’t want to incur expenses to lower their own gains. We need to keep them rich so they can tell us what to do.
If we limit business buying then we’d build.