this post was submitted on 01 Jun 2024
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Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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Or can you? (lemmy.world)
submitted 4 weeks ago* (last edited 4 weeks ago) by SeattleRain to c/housing_bubble_2
 

cross-posted from: https://lemmy.world/post/16031954

Doesn't matter how you try to justify it...

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[–] Xenny 1 points 4 days ago* (last edited 4 days ago)

Rentals should be owned by the city and the rent they collect should go to maintaining the property and towards new housing developments for the same city. Done. I did it. You could even leave the housing market alone as far as buying and selling houses and everything would still probably work out just fine.

Maybe we shouldn't have private apartment complexes just like we shouldn't have private prisons.