I like that we're looking to Mortal Kombat for solutions for "undesirables".Homelessness is something that never, ever gets the attention it deserves during the election cycle. That we have more homes than we have homeless is a fucking disgrace.
Fucking spikes are cheaper than human dignity.
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The Hill : Bernie Sanders unveils 2.5 trillion dollar housing plan
- Thread starter Inuhanyou
- Start date
Liquidity. Rented rooms, apartments, houses are relatively liquid, bought ones are not. If everyone needs to sell their home in order to move at a young age, you're going to wind up with far lower mobility at a critical time in people's careers.
This feels rather circular. Owned properties are relatively illiquid... in the current real estate market. If there exists a social need for people of a certain age to be highly mobile, then simply build some dormitories-style public housing and back them with all the property these kids are slinging around. When you move out, you can sell your room back to the housing administration or to the gubmints.
This sounds familiar....
No but seriously a world where everything's rented could work. A world where no landlords exist at all wouldn't.
You need flexibility for use of land capital. Long term housing (house) medium term (apt) short (motels). You can get that flexibility w a rental system, you really can't with w ownership based one.
You know how currency developed in order to allow people to avoid bartering directly, solving for the need for an exact match in exchange? If everyone has to sell their home in order to move it creates a situation where to move you need to find a replacement for yourself. This is a problem we see in rural areas where moving out is much harder for older people locked to a house because everyones moving the other way. As bad as that is, imagine a world where the kids moving out on their own were starting out locked down to land like their parents.
In the "everything is rented model", who are the owners renting from? It seems you allow for a permanent (?) owner class in your "everybody rents model" but no such allowance in the opposite extreme. Historically, the case was the landlord class was developed after the development of agriculture so clearly there must've been some period where there were no landlords. I know you don't like primitivist arguments but the claim "A world where no landlords exist at all wouldn't." is hard to reconcile with the historical record. I would agree with it if you added the qualifier "A world where no landlords exist at all wouldn't work with market capitalism", I'd understand it.
A myth apparently.
Yes, so we need a universal "buyer". This can be municipal government, the state, or federal. Or you can just leave the house there to fall to nature or anyone else who wants to move in.
Oh, in "everyone rents" everyone rents from the Government. It's the George Theorem . Should have been a little more specific- the "rents" are paid in the form of a universal land value tax.
This falls in line with stuff like inequality rising in the wake of property taxes getting capped in California.
The problem with abandoning the old house-where do you get the funds to buy the new house?
Okay so we're both advocating for one big government that rules real estate, just from different starting points.
They can rent until the rents paid allow them to buy/own.
Japan is probably the closest thing we have to this and it's pretty good there.
Rent control sounds good in practice but it can easily cause problems long term by constrainting supply
We continue to concentrate the population into specific areas where land is much more of a premium (like the nyc metro area). These areas can be hard to convince people high density housing is a better solution.
3 bedroom houses or apartments don't have to be huge homes. Our neighborhood was built in the late 1940s and the houses are 3br and just a tad over 1000sq feet. The bigger problem here is societal standards have massively inflated what constitutes a "good size home". It's why NJ is filled with shitty, poorly built McMansions all over what was once farmland. Everyone needed their 5000 sq foot home for their family of 4
We continue to concentrate the population into specific areas where land is much more of a premium (like the nyc metro area). These areas can be hard to convince people high density housing is a better solution.
3 bedroom houses or apartments don't have to be huge homes. Our neighborhood was built in the late 1940s and the houses are 3br and just a tad over 1000sq feet. The bigger problem here is societal standards have massively inflated what constitutes a "good size home". It's why NJ is filled with shitty, poorly built McMansions all over what was once farmland. Everyone needed their 5000 sq foot home for their family of 4
Yup, there are more houses without people than people without houses. Just absurd.Homelessness is something that never, ever gets the attention it deserves during the election cycle. That we have more homes than we have homeless is a fucking disgrace.
Fucking spikes are cheaper than human dignity.
OP
OP
Well, my family and friends aren't gonna fly over from the UK or Germany just for a day. And often there are up to five people staying; so that's three people in bedroom B and two people in bedroom C. Where else are they gonna sleep?
The other factor of course is that living room size usually corresponds to the number of bedrooms, so finding a single bedroom apartment with a living room that's suitable for decent room scale VR would be extremely difficult, if not impossible.
While the rent control debate is understandable (it is not a long term solution, but that doesn't mean it shouldn't be used as an emergency brake on exploitation), there's a LOT of substance to this housing plan. It's so annoying that these kind of policy proposal threads always eventually devolve into debates about a single policy detail when there is so much more to chew on.
Here are some key details that I feel are pretty significant for this plan:
I mean, there's some legitimately good shit in here, but let's just ignore all of that and talk about the long term problem with rent control.
Here are some key details that I feel are pretty significant for this plan:
- End the mass sale of mortgages to Wall Street vulture funds and thoroughly investigate and regulate the practices of large rental housing investors and owners.
- Make data such as evictions, rent increases, and safety violations for large landlords available to the public and the Department of Housing and Urban Development.
- Increase enforcement to protect families against fraudulent, deceptive, and abusive lending practices and ensure all mortgage costs are clear, risks are visible, and nothing is buried in fine print.
- Implement legislation to prevent abusive "contract for deed" transactions and use existing authority to protect communities of color, which for too long have been exploited by this practice.
- Protect consumers currently participating in "contract for deed" agreements by ensuring aggressive protections and decent standards for the consumers.
- Create a commission to establish a financial relief program to the victims of predatory lending, mortgage fraud, redlining and those who are still underwater on their mortgages as a result of the 2008 Wall Street crash. This program shall include down payment assistance, mortgage relief, or rental assistance. This program must include protections to ensure that the financial relief it provides goes to the people who need it and not the Wall Street speculators who caused the crisis.
- Create an independent National Fair Housing Agency similar to the Consumer Financial Protection Bureau dedicated to protecting renters from housing discrimination, investigating landlords who misuse Section 8 vouchers, and enforce housing standards for renters. The Fair Housing Agency will also conduct audits to hold landlords and sellers engaged in housing discrimination accountable.
- Create an office within the Fair Housing Agency to protect mobile home residents from housing discrimination, rent instability and unjust evictions.
- Fully fund the Fair Housing Assistance and Fair Housing Initiatives Programs at $1 billion over the next 10 years.
- Pass the Equality Act to include LGBTQ+ Americans in the Fair Housing Act.
- Implement the Affirmatively Furthering Fair Housing rule blocked by President Trump's administration to ensure that federal funds will promote fair housing.
- Enforce the Olmstead decision, Section 504, and the Americans with Disabilities Act to ensure access to accessible, integrated housing.
- Ensure that all new Section 811 supportive housing is fully integrated.
- Make sure that people who have served their time are not excluded from public housing.
- Ensure that no survivor of domestic violence can be evicted on the basis of their assault.
- Guarantee that renters have the right to form tenants unions free from retaliation by landlords or managing agents.
- Create an independent National Fair Housing Agency similar to the Consumer Financial Protection Bureau dedicated to protecting renters from housing discrimination, investigating landlords who misuse Section 8 vouchers, and enforce housing standards for renters. The Fair Housing Agency will also conduct audits to hold landlords and sellers engaged in housing discrimination accountable.
- Create an office within the Fair Housing Agency to protect mobile home residents from housing discrimination, rent instability and unjust evictions.
- Fully fund the Fair Housing Assistance and Fair Housing Initiatives Programs at $1 billion over the next 10 years.
- Pass the Equality Act to include LGBTQ+ Americans in the Fair Housing Act.
- Implement the Affirmatively Furthering Fair Housing rule blocked by President Trump's administration to ensure that federal funds will promote fair housing.
- Enforce the Olmstead decision, Section 504, and the Americans with Disabilities Act to ensure access to accessible, integrated housing.
- Ensure that all new Section 811 supportive housing is fully integrated.
- Make sure that people who have served their time are not excluded from public housing.
- Ensure that no survivor of domestic violence can be evicted on the basis of their assault.
- Guarantee that renters have the right to form tenants unions free from retaliation by landlords or managing agents.
I mean, there's some legitimately good shit in here, but let's just ignore all of that and talk about the long term problem with rent control.
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Rent control reduces the incentive to build since it becomes less or not profitable, reducing supply, causing prices to soar.
I think at least in the short term, the capital investment waivers offered through this plan could incentivize landlords to not jump ship wholesale.
Federal funding for landlords that promote better housing practices in general will probably do a lot to help with the rent control issue.
