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this post was submitted on 05 Apr 2024
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Sure, in short housing is too difficult and too expensive to build to keep up with demand. All this is due to government requirements on housing which adds over $100k on average per single family house, as well as it just being a general headeache. And this doesnt even get into the currency manipulation issue.
What requirements though?
And the government doesn’t control monetary policy, so can you expand on that too?
There are probably 1000 different requirements for each small town and then add the state and national ones to that. The requirements will be things like getting an engineering report if you remove more than 10 yards of dirt, or add a roof element that makes the house look good.
The government does control the supply of money via the Federal Reserve. If you are interested I can tell you how it directly makes the rich richer and takes the wealth of the middle class and poor.
Classic conservative
The fed is independent. If you’d like, I can give you a primer on how that works
Let me get this straight, the US controls and funds all kinds of governments around the world but they wouldnt control the fed? "But its a private company!!!" Sure it is, its totally not completely controlled by the government...
It’s not and they have proven as much every single election cycle by not giving into political pressure.
Thats funny because both sides are EXACTLY THE SAME with regards to the fed, and its robbing from the poor and middle class. Literally only a couple people in the two main parties even say anything about how bad the fed is. If you dont know anything about a subject, it would be best to learn about it, but at least dont argue like you know about it.
Uh... you were the one that started talking about how "The fed is independent" not me. You literally had to ask me about the housing requirements, I am the one who does real estate and do this stuff for work.
You dont actually know why housing is expensive and its not "basic safety regulations and zoning". Of course I brought up monetary policy is the other leg of why housing is expensive. People like you are the reason its so expensive because you keep voting the same way.
Yes, red states have so much cheaper housing! /s