The cost reduction for business needs to come into consumers. People don’t actually need to earn more money to have more money. They can have more money by spending less.
In starting to think the solution is some big government intervention. The easiest thing is Land value tax which is happening in some countries but it’s really enough.
The next solution would be forced purchase of land (bureaucracy needs to improved here) and then market driven bidding for manufacturing high density housing. The thing is the government doesnt need to aim to make a profit here. The loss of the building process can be gained back by taxes in growth in the economy elsewhere.
Energy and food are looking like they will get cheap soon with renewables and precision fermentation and lab grown meat. But taking land that has been horded by the rich, building high density and building railways will need government intervention.
I’m starting to think the solution is some big government intervention.
In general, I agree, but this would require actually competent planning and policies… which is fundamentally impossible in a political system where money buys off the vast majority of representatives.
To fix that, you have to have ranked choice voting, abolish Citizens United, ban private money in political campaigns, make it only funded out of a commone government pool… stuff like that.
The easiest thing is Land value tax which is happening in some countries but it’s not (sic?) really enough.
I agree, that’s part of a solution.
The next solution would be forced purchase of land (bureaucracy needs to improved here) …
Again, agree, Emminent Domain exists and forms a foundation that could be expanded on.
…and then market driven bidding for manufacturing high density housing. The thing is the government doesnt need to aim to make a profit here. The loss of the building process can be gained back by taxes in growth in the economy elsewhere.
You seem to have similar ideas as to what I’ve outlined in older comments:
My conception of how to solve the housing crisis… well for starters, massive zoning law reforms + earlier mentioned expansion of Emminent Domain.
Then… institute a progressive, continuous, not tiered, tax on rentals. Houses, condos, apartments, whatever. Index it by some equation around AMI and an equivalent Area Median Rent.
As a private rental rate goes higher and higher away from Area Median Rent, the landlord is charged a larger and larger tax.
The money from this tax goes into a massive city level fund that is only to be used for constructing, maintaining, and otherwise purchasing and then converting housing units that are run entirely not for profit.
These housing units are available to people/families below AMI… generally, go along with a framework of being whatever % under AMI as paying a lower total rent.
Start with prioritizing transitioning the poorest into these affordable units.
Private renters landlords (EDIT: derp) will have to balance cost pass through with having an actual reality check on the actual number of people willing to spend more for luxury units.
Functionally, this achieves a very similar effect as rent control, but with less downsides, and acts as a stabilizing factor in the city’s rental prices.
Luxury units can still exist, but … less of them, or less extravagant ones, and its a much more direct way of the wealthy subsidizing the poor and thus closing the wealth/income gap.
And hey, if a wealthy person wants to live in a spartan place and avoid the luxury tax?
Nothing stops them from doing this.
In totality, it isn’t totally state directed, it isn’t totally free market, its much more hybrid, and … oh boo hoo, the private landlords have a smaller profit margin, cry me a river and drown yourselves in it landlords, Adam Smith himself hated all of you a century (two centuries?) before Marx was even born…
…oh and this also incentivizes making new constructions that have reliable, basic, working features, and cutting out all the fake luxury bullshit that is used to justify a much higher rent, when in reality, it isn’t necesssary and or nobody uses it.
Stop putting co working office spaces and gyms and dog parks and rooftop bbqs in every single new multi family highrise… all that shit isn’t properly maintained from basically day one, and is basically unusable by year two, three, four anyway.
(side note: the entire … its either BLS or FRED methodology for estimating rent ewuivalent home values based on ‘what if you tried to rent out your home right now’ is a farce, toss it out, start over)
Energy and food are looking like they will get cheap soon with renewables and precision fermentation and lab grown meat. But taking land that has been horded by the rich, building high density and building railways will need government intervention.
I’m pressing X to doubt on much of this.
Renewable energy? Absolutely possible, if done properly… but thats a whole other discussion, and you’d basically have to Luigi the boards of every major oil company, possibly multiple times, before that would even maybe be politically possible, due to aformentioned massive money in politics corruption problem.
…
Lab grown meat? I dunno, seems like thats still a ways away from being comparably edible and cost effective.
Embrace the bugs.
Make cockroach or cricket paste into patties. Not too different from our current pink sludge paradigm, but is astoundingly more cost effective.
…
And yes, of course, all of this needs to go along with massive investments in public transit infrastructure.
Do so by either tolling every major roadway in and out of a city, make the suburbs scream… or just tap into the GPS that is now literally built into every modern car.
Tax people per mile driven in a high traffic, congested zone.
Make having a slog commute so expensive that people actually realize " oh wait…i AM the traffic " and tell them to start taking a bus or light rail or subway… and of course use those taxed driving funds to make public transit as close to free as possible.
… That’d all be the scale that you’d need to do to actually generate the money to do this, but I have no clue how to make this politically palatable in many areas.
Americans are terminally car brained addicts who can’t quit the lifestyle, even though its killing them, the planet, and the economy in the medium/long run.
I actually believe that, though this is what you’d need to do to avoid infrastructure and economic collapse… at this point, outside of a few major cities… Americans are too angry and stupid to do it, and will just prefer to slowly kill their way of life by continuing to demand it ‘just work’, no matter how you explain that its unworkable.
The cost reduction for business needs to come into consumers. People don’t actually need to earn more money to have more money. They can have more money by spending less.
In starting to think the solution is some big government intervention. The easiest thing is Land value tax which is happening in some countries but it’s really enough.
The next solution would be forced purchase of land (bureaucracy needs to improved here) and then market driven bidding for manufacturing high density housing. The thing is the government doesnt need to aim to make a profit here. The loss of the building process can be gained back by taxes in growth in the economy elsewhere.
Energy and food are looking like they will get cheap soon with renewables and precision fermentation and lab grown meat. But taking land that has been horded by the rich, building high density and building railways will need government intervention.
In general, I agree, but this would require actually competent planning and policies… which is fundamentally impossible in a political system where money buys off the vast majority of representatives.
To fix that, you have to have ranked choice voting, abolish Citizens United, ban private money in political campaigns, make it only funded out of a commone government pool… stuff like that.
I agree, that’s part of a solution.
Again, agree, Emminent Domain exists and forms a foundation that could be expanded on.
You seem to have similar ideas as to what I’ve outlined in older comments:
My conception of how to solve the housing crisis… well for starters, massive zoning law reforms + earlier mentioned expansion of Emminent Domain.
Then… institute a progressive, continuous, not tiered, tax on rentals. Houses, condos, apartments, whatever. Index it by some equation around AMI and an equivalent Area Median Rent.
As a private rental rate goes higher and higher away from Area Median Rent, the landlord is charged a larger and larger tax.
The money from this tax goes into a massive city level fund that is only to be used for constructing, maintaining, and otherwise purchasing and then converting housing units that are run entirely not for profit.
These housing units are available to people/families below AMI… generally, go along with a framework of being whatever % under AMI as paying a lower total rent.
Start with prioritizing transitioning the poorest into these affordable units.
Private
renterslandlords (EDIT: derp) will have to balance cost pass through with having an actual reality check on the actual number of people willing to spend more for luxury units.Functionally, this achieves a very similar effect as rent control, but with less downsides, and acts as a stabilizing factor in the city’s rental prices.
Luxury units can still exist, but … less of them, or less extravagant ones, and its a much more direct way of the wealthy subsidizing the poor and thus closing the wealth/income gap.
And hey, if a wealthy person wants to live in a spartan place and avoid the luxury tax?
Nothing stops them from doing this.
In totality, it isn’t totally state directed, it isn’t totally free market, its much more hybrid, and … oh boo hoo, the private landlords have a smaller profit margin, cry me a river and drown yourselves in it landlords, Adam Smith himself hated all of you a century (two centuries?) before Marx was even born…
…oh and this also incentivizes making new constructions that have reliable, basic, working features, and cutting out all the fake luxury bullshit that is used to justify a much higher rent, when in reality, it isn’t necesssary and or nobody uses it.
Stop putting co working office spaces and gyms and dog parks and rooftop bbqs in every single new multi family highrise… all that shit isn’t properly maintained from basically day one, and is basically unusable by year two, three, four anyway.
(side note: the entire … its either BLS or FRED methodology for estimating rent ewuivalent home values based on ‘what if you tried to rent out your home right now’ is a farce, toss it out, start over)
I’m pressing X to doubt on much of this.
Renewable energy? Absolutely possible, if done properly… but thats a whole other discussion, and you’d basically have to Luigi the boards of every major oil company, possibly multiple times, before that would even maybe be politically possible, due to aformentioned massive money in politics corruption problem.
…
Lab grown meat? I dunno, seems like thats still a ways away from being comparably edible and cost effective.
Embrace the bugs.
Make cockroach or cricket paste into patties. Not too different from our current pink sludge paradigm, but is astoundingly more cost effective.
…
And yes, of course, all of this needs to go along with massive investments in public transit infrastructure.
Do so by either tolling every major roadway in and out of a city, make the suburbs scream… or just tap into the GPS that is now literally built into every modern car.
Tax people per mile driven in a high traffic, congested zone.
Make having a slog commute so expensive that people actually realize " oh wait …i AM the traffic " and tell them to start taking a bus or light rail or subway… and of course use those taxed driving funds to make public transit as close to free as possible.
… That’d all be the scale that you’d need to do to actually generate the money to do this, but I have no clue how to make this politically palatable in many areas.
Americans are terminally car brained addicts who can’t quit the lifestyle, even though its killing them, the planet, and the economy in the medium/long run.
I actually believe that, though this is what you’d need to do to avoid infrastructure and economic collapse… at this point, outside of a few major cities… Americans are too angry and stupid to do it, and will just prefer to slowly kill their way of life by continuing to demand it ‘just work’, no matter how you explain that its unworkable.