Funny story, we actually have enough housing for everyone. It just isn’t always where people want to live, and corporate landlords would rather leave a space vacant to drive up rents than make all of their inventory available, so there is a shit ton of residential (and commercial) property that is basically abandoned.
And eliminate corporate ownership of residential property. Tax the shit out of anyone owning more than three residences, and bring property values back down to earth. Bail out homeowners who owe mortgages for more than the value of the properties, and let the market self-correct.
I’d go so far as to attack the idea of a corporation. Letting a business own property or act as a liability shield for human choices is clearly bad for society.
It goes both ways though. I have a corporation for my contracting business to shield possible frivolous lawsuits from unscrupulous people. I do my best to screen clients and not work for wackos, but that’s not necessarily enough to protect myself and family.
Analysts think we’re about 4.5 million homes short of what we would need to a well-functioning housing market. I’m not sure exactly how they’re defining that.
How many homes do we actually need?
Drive through a small town, and all of your questions will be answered.
This is not a housing problem, it’s not a mental health problem, it’s a fucking unadulterated greed problem.
Please arm yourselves. The opposition will.
Funny story, we actually have enough housing for everyone. It just isn’t always where people want to live, and corporate landlords would rather leave a space vacant to drive up rents than make all of their inventory available, so there is a shit ton of residential (and commercial) property that is basically abandoned.
Some estimates say there are as many as 12 vacant homes per homeless person
this countryin the United States.Edit: millionaire in OP is from Canada
Last estimates I saw before the pandemic had the rate above 30:1. I haven’t looked since then, but I’m certain it’s only gotten worse.
Yeah, we were gonna do that anyway. After covid, I lost faith in humanities ability to be decent.
What we need is tax on vacant property. Make it a ladder system so its worse based on number of vacant units and value.
And eliminate corporate ownership of residential property. Tax the shit out of anyone owning more than three residences, and bring property values back down to earth. Bail out homeowners who owe mortgages for more than the value of the properties, and let the market self-correct.
I’d go so far as to attack the idea of a corporation. Letting a business own property or act as a liability shield for human choices is clearly bad for society.
It goes both ways though. I have a corporation for my contracting business to shield possible frivolous lawsuits from unscrupulous people. I do my best to screen clients and not work for wackos, but that’s not necessarily enough to protect myself and family.
The official homeless number for 2024 in the US was 771,480. That’s probably just reported and not actual.
Analysts think we’re about 4.5 million homes short of what we would need to a well-functioning housing market. I’m not sure exactly how they’re defining that.