Comments by "" (@jmitterii2) on "Let's Fix This SH#T - Australian Housing Referendum" video.
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Immigration is a problem in most countries, and where countries emigration (people are leaving) is a problem, housing is still not affordable for them either.
Or where immigration nor emigration is no problem, and even the birth rates are down, you still have immense affordability problems such as Japan.
It's a banking CDO/CLO nonsense largely, but also lack of planning among cities and provinces/states and the national government on ensuring housing quality and supply.
The fact that most countries discontinued programs that built homes on tax subsidies and even managed some of these retaining ownership of large complexes so that rents were nonprofit meaning private had to compete with public housing. Vienna Austria is very good on this subject.
And the development system fell apart, after the great depression and after world war 2; most nations had a robust subsidies in development where our taxes paid for lots and utilities.
Now its up to the developer to install even roads along with sidewalks and parks along with utilities and these private developers pass that cost on to the lot buyer. But the tax that subsidized this development? Still being taxed. USA its property tax.
A robust housing plan has always been central to ANY country that had ANY level of prosperity in the periods implemented. Homestead Act and Land Grant Acts starting in 1863's and thru the 1880's is what developed the US. Without it. Most of the mid west to the west would still be vacant robber owned paradise emptiness.
As those acts faded by 1890 thru 1920's most people in the US had serious issues on affordable housing. Swinging 20's was really just top 20%. 80% or more were actually dirt poor, dirt in that their homes as we would see them today, often referred to at that time as "cabins" were in our eyes shacks, sheds, dirt floor with maybe a caste iron stove in the middle of this shack, if any divisions for rooms it was a blanket or towel drawn across a section of the shack.
Wasn't until 1935 HUD and some other programs that incentivized counties and states to develop modern housing construction (utilities water and sewer and electricity).
My great grandparents were recipients of this in Idaho... and until early 2000, the modern home they lived in, the property still contained the "cabin" my grandma initially grew up in along with 4 other siblings. Dirt floor shack, caste iron stove, uniquely positioned over a small creek so I guess they didn't have to venture out of the shack to collect water as a piece of the shack overhung the little stream.
Planning.
Instead Milton Friedman let markets just do whatever nonsense.
Everyone is living thru that nightmare.
Which actually insights a level of immigration causing war and civil war to become more prevalent. And of course, the rest of the population to think it's mostly immigration problems.
When it's our idiot economic structure brought to you by an oligarch near you who sponsored the now dead Milton Friedman crackpot idiocy... handing the economic market rules over to these very robber barons once again, time and time again throughout human history both in the western European to eastern European to Asia to India this type oof oligarchical rule by the rich degrades to a state of feudalism... since Ancient Greece to Ancient Rome.
We can only be so glad that, even as early as the 1800's, slavery was somehow still socially acceptable, because... the oligarchs loved freed persons competing with slavery... you can't. And that's why they loved it.
We have to realize social mixed market economies are required, and without any planning...
This is the nightmares we return to living in. Over and over and over and over and over again.
But there are always different periods in time we can look at to discern economic models that work... as well as in the present... Vienna Austria has a very robust public housing program that makes housing affordable. And the homes are very luxurious. Even the wealthy are allowed and do partake in the program.
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