this post was submitted on 12 May 2024
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[–] Smoogs 8 points 6 months ago* (last edited 6 months ago) (1 children)

That is a misnomer solution telling everyone to learn how to do the same thing like to learn to code as it then creates its own market issue of too much supply for need.

Additionally it’s not diverse. Diverse jobs are still needed. They need to just pay more in those jobs. But all this is besides the point anyways.

There is no house shortage. There is plenty to house people and the issue is with capitalism being unchecked for too long over its control on living arrangements. This is something capitalism shouldn’t have a say in. Society has become beyond its required need for helping people survive as a whole and it’s become unsustainable. It was never supposed to be about sustaining a rich person’s yacht and 5th house that has nobody living in it anyways. This is not a society that is thriving.

[–] [email protected] 1 points 6 months ago (1 children)

Exactly, banning or severely limiting short-term rental housing ie VRBO and foreign land/property purchases Id wager would make a huge impact on righting the boat.

[–] iopq 0 points 6 months ago (1 children)

Not really, then local landlords just make more profit because the demand is the same

[–] [email protected] 1 points 6 months ago (1 children)

Without the supply of homes going into shortterm rentals like VRBO it would increase supply for people who actually live in that city, travelers can use hotels. Not a full stop fix, but it would increase supply/lower rent.

[–] iopq 0 points 6 months ago (1 children)

That would increase hotel prices, making hotel owners purchase more land and build hotels until the equilibrium price is reached

It's a short term fix that eventually loses to market forces

[–] [email protected] 1 points 6 months ago (1 children)

Even if it ends in more hotels, hotels fit more people and supply more jobs than the equivalent space in houses. For temporary lodging houses don't make sense.

[–] iopq 1 points 6 months ago

We should build large apartment buildings, actually. And I don't mind temporary housing in an apartment building, I lived in one for a month.