this post was submitted on 29 Nov 2024
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There should be a hard limit of houses you can buy. Two by default (the one you live in and one you can rent to someone, maybe with a requirement that you need to live there occasionally) and an additional one for each child if he or she doesn't have one yet.
In Cuba they have a law that requires you to sell your house if you buy a new one. That also means you can't be a landlord or else you yourself would be homeless. They also have a law that guarantees that if you don't own your own home, you at least get public housing guaranteed, which has rent capped at 10% of income so it can never exceed that. They have the lowest homelessness rate in all of the Americas.
And they're guaranteeing this super affordable public housing all while under a comprehensive trade embargo for 60+ years imposed by the most powerful nation there is, who also happens to be their neighbor.
Never believe that housing "needs" to be expensive, it's 100% a decision made by people who profit from it.
Exactly. Good housing can be done.
Shortages are an issue, and desirable only by capitalism -- because it drives up prices.