This is preaching to the choir, the left knows this, and the right thinks they will someday have long enough bootstraps, this is for no one.
And more recently short-term rentals, but I guess that’s kinda just repetition.
Should be everyone can own one home, at regular tax rates. Any additional properties should be taxed at a cumulatively increasing rate to disincentive folks buying up stock for investment/airbnb.
Money raised from the additional property tax should be reinvested to build more housing.
I never played much Fallout but isn’t it a little ironic using the vault boy here? I thought vault-tec were the rich landlords of that universe, at least before the bombs…or something idk.
But the vault tec boy is “one of us” irrc, or at least the ideal. Someone please correct me if I’m wrong
Yeah vault-tec was run by the wealthy elites who started a war just to give themselves more power over the new world in the apocalypse
As for the UK, either end the right to buy or make it a legal requirement that councils can only sell social housing if replaced like for like. That would be a start.
As for nimbys objecting to any housing development (when their house was built on fields too, the hypocrites) then something like a land tax might be appropriate. The idea being that you ought to profit from improvements you made to your house yourself, but you oughtn’t profit from the increase in value due to things your didn’t do, like the nearby town developing or just the general inflation of prices due to artificial scarcity.
Also, I agree with the overall sentiment, but pretending that net immigration doesn’t put pressure on housing is silly. Of course it does. Though that is only a minor effect on the overall causes of housing problems.
Put rich landlords and greedy politicians on leaky boats; put refugees in their former homes.
Redistribute the 5 extra empty homes owned by each of the rich exiles for renting out and capital accumulation to the already-extant populace, and the housing problem is sorted, for at least a generation.
Facts are actual examples. Not generalized ideas that point to no real world events.
Is English your second language?