Housing Bubble 2: Return of the Ugly

345 readers

1 users here now

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

founded 8 months ago

MODERATORS

177

submitted 6 months ago by SeattleRain to c/housing_bubble_2

61 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] -2 points 5 months ago (1 children)

What do you do?

Nationalize housing? Is that an option?

[–] [email protected] 3 points 5 months ago* (last edited 5 months ago) (1 children)

All housing? Not realistic.

All buildings over a certain number of rental units? Would make way too much sense.

What I would like to see is:

-Forbidden to own more than one property in a certain radius

-Buildings with up to 3 units could only be owned by private parties

-Buildings with 4 to 7 residential units need to be owned by a form of corporation or cooperative

-Anything bigger than that should be nationalized and ran by a State run non profit

[–] [email protected] 1 points 5 months ago

I could be convinced to accept these terms, or at least use them as a starting point for working out details.

Unfortunately, I doubt either of us are policy makers.