Comment on Has any country actually _solved_ the housing crisis?

Brkdncr@lemmy.world ⁨1⁩ ⁨month⁩ ago

• BlameThePeacock@lemmy.ca ⁨1⁩ ⁨month⁩ ago

  Yea, the technique of the government simply owning all the land and doing all the development does work. It just can’t really be applied to any western country without a massive revolt when they confiscate all the land from private owners. The government could never afford to pay for all of it, so it would have to be seized without payment.

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  • Brkdncr@lemmy.world ⁨1⁩ ⁨month⁩ ago

    Downtown Los Angeles has a high rise that was abandoned by the owner/builder. It’s covered in graffiti. They could start there.

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    • hypnotoad__@lemmy.ml ⁨1⁩ ⁨month⁩ ago

      Every time I see it i die a little inside

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  • ThrowawayPermanente@sh.itjust.works ⁨1⁩ ⁨month⁩ ago

    You don’t need to seize it, just tax it enough that land ownership is no longer profitable

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    • BlameThePeacock@lemmy.ca ⁨1⁩ ⁨month⁩ ago

      I’ve advocated for LVT in the last couple of weeks even.

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  • cheese_greater@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    How could they be coaxed to similary abandon their property like that? What current incentives exist that prevent them from having to do that particular needful?

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    • BlameThePeacock@lemmy.ca ⁨3⁩ ⁨weeks⁩ ago

      They couldn’t. The only way this happens is if ownership rates drop well below half the population and renters vote in a political party that can wrest control back from land owners.

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  • SubArcticTundra@lemmy.ml ⁨1⁩ ⁨month⁩ ago

    Also, hasn’t it been demonstrated that the government having rein over 100% of a resource leads to massively clumsy solutions? I’m surprised it hasn’t impeded Singapore’s renowned efficiency.

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    • BlameThePeacock@lemmy.ca ⁨1⁩ ⁨month⁩ ago

      Some governments can do it for some industries.

      Public healthcare in most developed countries is generally pretty decent, though obviously not without flaws the allocation is clearly better for society than the US private healthcare system.

      For allocation of food, it’s pretty shit. Too many people want too many different things in that scenario and it has never really worked in practice.

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      • SubArcticTundra@lemmy.ml ⁨1⁩ ⁨month⁩ ago

        True. Although I was refering more to the allocation of commodities (food, land) than of services

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• SubArcticTundra@lemmy.ml ⁨1⁩ ⁨month⁩ ago

  Fascinating. I didn’t expect a country known for neoliberalism like Singapore to have fully nationalised land (haven’t read the whole wiki article admittedly)

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