Kamala Harris unveils economic plan

Absolut

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Wild self

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Not only that, but the people who are largely in control of the home supply have no incentive to fix the issues because it goes directly against their own economic interests. Why build more houses when they can price gauge everyone and create demand by ensuring there is a short supply of them. :francis:

It gets even more bleak when you realize these investors buying these homes are in the pockets of these politicians which also make it less of an incentive for them to fix housing

Start clapping these "investors" French Revolution style.
 

Wild self

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Because those landlords are holding their properties hostage. They would rather keep it empty instead of affordable. If we can't force them to rent/sell those homes/apartments we have no choice but to build more.

Or....

We can remove them from life itself...... :mjgrin:
 

Problematic Pat

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You can't put controls on food or rent. The supply will plummet since the producer won't be making a profit. With rent the majority of landlords aren't mega rich corporations they are your regular everyday person. Owning that property has expenses. If those expenses rise while the rent stays the same they won't be able to cover them.
If government gives out subsidies that's actually a hidden tax on the population.
This plan so far is basically " say nice things that will never happen especially during a recession so I can get votes".
To not be in a negative position the next four years get your money up.
 

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ahomeplateslugger

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The housing one is important but difficult.

More construction keeps housing prices more competitive because it increases supply. But a lot of people oppose it because of NIMBYism and their own greed about their property values.

This is something that people will need to get over. I hope Kamala...or any politician at any level, can find an effective way to explain this to the public.
corporations/VCs, zoning laws and NIMBY definitely fukked the housing market up. i'm in the bay area and there's a few upper class cities that have blocked construction of affordable housing complexes. it was covered on the local news and it's ridiculous the length these yuppies will go to prevent homes for low income families in their cities.
 
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