Comment on England worst place in developed world to find housing, says report

• peter@feddit.uk ⁨1⁩ ⁨year⁩ ago

  I don’t think landlords as a concept are a completely bad idea

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  • irmoz@reddthat.com ⁨1⁩ ⁨year⁩ ago

    There is no good reason to own a home you don’t live in.

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    • peter@feddit.uk ⁨1⁩ ⁨year⁩ ago

      There is a good reason to not buy a home that you live in though

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      • irmoz@reddthat.com ⁨1⁩ ⁨year⁩ ago

        Lol

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• BraveSirZaphod@kbin.social ⁨1⁩ ⁨year⁩ ago

  You're assuming that this would magically drop all property prices to be affordable by all people, which is not at all self-evident.

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  • irmoz@reddthat.com ⁨1⁩ ⁨year⁩ ago

    You’re assuming there would still be a “market” in this scenario ;)

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    • BraveSirZaphod@kbin.social ⁨1⁩ ⁨year⁩ ago

      Respectfully, I think that's a safer assumption than the UK nationalizing the housing market, but by all means, feel free to wait for that if you like.

      But even to play along, even if you could snap your fingers and abolish the housing market, the question of allocation doesn't go away. You'll still have certain units that are extremely desirable and valuable, others that are quite good, some that are fine, and some that are terrible. In other words, even in the absence of the market, inherent value will still drastically differ from unit to unit and location to location. So, if you're not using money to allocate things, how do you do it? What do you do if demand outstrips supply?

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      • irmoz@reddthat.com ⁨1⁩ ⁨year⁩ ago

        A democration institution run by the people.

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