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Comment on Argentina got rid of rent control. Housing supply skyrocketed

wintermute_oregon@lemm.ee ⁨1⁩ ⁨year⁩ ago

Cabrini Green, and the other housing projects in Chicago, seem to have been the exception rather than the rule.

Pruitt-Igoe enters the chat.

Glenny Drive

Father Panik

The large projects they built in the past always failed. The new model is smaller, spread in normal neighborhoods that seem to work much better.

It wasn’t a willingness to do it; it was a lack of money. The rent charged should cover all expenses. The average person think landlords just roll in cash but the truth it, it is expensive to maintain a property.

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HelixDab2@lemm.ee ⁨1⁩ ⁨year⁩ ago

It wasn’t a willingness to do it; it was a lack of money.

That’s the same thing when you’re talking about public housing. A commercial landlord is operating as a profit-centered business. Gov’t is operating as essential services. Gov’t shouldn’t be making a profit; housing for the poor should be treated as a public good, and something that’s paid for through taxation, much like infrastructure and public schooling. So it is fundamentally a lack of will to spend the tax dollars necessary to maintain a thing.

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- wintermute_oregon@lemm.ee ⁨1⁩ ⁨year⁩ ago
  
  So it is fundamentally a lack of will to spend the tax dollars necessary to maintain a thing.
  
  So why don’t the democrats want to maintain them? These are democrat run cities with largely democrat tax payers.
  
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  - HelixDab2@lemm.ee ⁨1⁩ ⁨year⁩ ago
    That’s a good question, and I don’t know. I know that NYC manages to make them work very well, and some other places have not. Public housing works quite well in other countries as well.
    
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    wintermute_oregon@lemm.ee ⁨1⁩ ⁨year⁩ ago
    I would suspect it was a combination of funding from local, federal and state sources.
    
    The feds love to offer money then take it away.
    
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