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this post was submitted on 19 Oct 2024
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They did that in UK. Brexit worked out perfectly, and everyone lived happily ever after. Oh wait… Wrong story. It was a total dumpster fire and now labor shortage is crippling various industries.
It was a bit different. Brexit wasn't hiring workers for $14/hour because legal residents would be doing the job for $25/hour.
Besides that, we don't need more houses being built so much as we need a hard cap on any entity owning more than a few rental houses.
Oh we absolutely need more houses being built. That's not even a question. Sure it would help to also have controls for the amount of properties one entity can hold, but doing that without building more houses would in no way solve the problem
There's currently 15,000,000 houses in the US that aren't even being lived in right now. We in no way have to increase the production rate of building more houses in order to house everyone.
And are all those houses in areas where there's enough jobs to support the people living in them? Are all of those houses in livable condition? Further than that, what makes you think that Society needs one house to one person? If you don't have a surplus of houses you don't have the ability to move from one city to the next to pursue new opportunities. You always need a large surplus of houses so that Mobility is possible. So I think you'll find that when you look a little closer at that number it's not quite as advantageous as you think.