• LemmyBruceLeeMarvin@lemmy.ml
    link
    fedilink
    English
    arrow-up
    14
    arrow-down
    6
    ·
    4 days ago

    It’s not that they can’t build housing. It’s that housing is bought up by private equity and Monopoly prices are set by the algorithm. There are no many vacant homes and apartments being kept vacant to drive up the cost.

    Saying ‘we need to build more houses and deregulation is the key’ only serves the oligarchy

    • FishFace@piefed.social
      link
      fedilink
      English
      arrow-up
      4
      ·
      3 days ago

      How many vacant homes are there, exactly? What does the trend look like? People always say this, but the last half dozen times I checked, vacancy rates in the US (which is always what people are talking about) were falling.

      “Deregulation is the key” is an absolute straw man. We need regulation to enforce the building of affordable housing, and to prevent local authorities from refusing all housing projects due to capture by NIMBYs

      • Gathorall@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        2 days ago

        Local authorities being able to deny building housing with a snap of their fingers is a form of regulation. The paradigm of regulation should shift to work faster and deny all objections without real substance.