Late Stage Capitalism

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Landlords are parasites (lemmy.world)

submitted 6 days ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 4 days ago* (last edited 4 days ago)

The federal and state governments get into building housing again. Except this time they don't fuck them over with no jobs and services. Drop multi-unit housing buildings into the highest cost areas first. Rent is the cost to build, maintain, and remodel spread out over the next 50 years. The rent only goes up with actual inflation, but can be frozen for seniors or others on a fixed income. HUD can then take that asset and finance more projects. The more seed money they get, the faster it snowballs.

Basically drop some anchors in the market.

Then ban short term rentals. If that's not enough then tax vacancy.