'Doesn't count because the government can take it away whenever they want...'
https://en.wikipedia.org/wiki/Eminent_domain_in_the_United_States
How britian almost solved the housing crisis
Or, you know, do what China is doing. You dont have to agree with someone to learn from them.
Doesn't China have an issue with 65 million of their homes sitting empty which belong to people with no intention to ever move in?
It's my understanding that owning a home in China is seen as social leverage so people buy homes that don't even benefit their lives.
This isn't too be a pessimist, I do think China's rising middle class is much better off than it has ever been. I just don't idealize their housing.
There was a problem with using housing as an investment vehicle, yes, though the state took action against that, destroying the "market" for balooning housing prices.
Housing as a commodity instead of a human right will continue to be a blight on humanity.
Renting is when your landlord makes you pay an extra 25 dollars a month because you yelled at him one time over leaving cat shit in the shared bathroom all day
China is building a middle class, Americans are ripping it down.
China is building a working class-centered society. Class isn't really determined by wealth, but by relation to production and distribution, and this is why China's approach has consistently resulted in continuous improvements!
BUT AT WHAT COST?!
No seriously how much does it cost I need affordable housing??
