2mo ago

Believe it or not, there was a time when the US government built beautiful homes for working-class Americans to deal with a housing crisis

America was great when Americans cared for each other and the New Deal, by Roosevelt and the Democrats, helped narrow the inequality between the rich and poor.

MAGAts don't understand this.

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"We the People of the United States, in order to form a more perfect Union [...] promote the general Welfare [...] do ordain and establish this Constitution for the United States of America."
Promoting the general welfare is literally stated in the constitution as one of the purposes of the United States. Anyone disagreeing with that hates America.
- I agree with this comment. but that doesn't change the fact that you're a disingenuous dickhead.
Nowadays they would just sell it immediately after for more than market rate to some moron from California who thinks they’re getting a deal.
- They can do limited equity programs to mitigate this and other speculation. Ie. When you buy the house you agree to sell it at the inflation adjusted price you bought it at, maybe with a percent or two of appreciation as well.
- If enough of them are built it's a non issue, why buy the one someone is trying to sell for a profit when you can buy the brand new one that is selling for less?
  
  You could buy them faster than they are built, if you're extremely rich.
Hahahaha we’re doing this in Canada right now.
Suburbs are about as ugly housing as possible
Still only great for white men. No one else was eligible for these programs.
- So... repeat the policies without the racism and sexism then?
  
  Kinda… There’s not so much need to build, though, as there are currently 28 vacant homes for every one person experiencing homelessness in the U.S., many of which are owned not by individuals but by large corporations. The same corps that took advantage of the housing market collapses over the last several decades.
  Large corporations are sitting on ridiculous numbers of vacant homes rather than make them affordable for people who need them. Fixing that would help.
- He meant the programs in the OP. They don't exist anymore, but when they did they weren't open to everyone. See: redlining.
But if we do that now how will bankers and private equity buy their yachts!!!!!!??? Oh the humanity
- This is straight up the problem. You cant reduce housing costs without reducing the price of houses. Individuals know this and reject housing development in their communities because they like to see line go up.
  But if we want young people to ever be able to move out/buy a house, the price of houses has to fall.
  
  The Republican strategy is to deport illegal immigrants and free up the housing they occupy, there by increasing supply and lowering demand.
  The Democrat strategy is to build more low income housing and allow in anybody who wants to come here. Increasing supply slowly and increasing demand substantially.
  Neither really push for a program to build low income housing and 1500sqft starter homes that are reasonably priced.
  What is a starter home today is 2500sqft, and that is only because builders make more money on those than 1500sqft.
My Silent Gen parents used to grumble about that. They called it communism.
- Brainwashed into thinking they did it all by their own bootlaces

32 comments