11 ms·

How would it be possible to fix the problem at the expense of the lower working class?

markus_zhang 2y ago
For example just add tax to shoot at the target, eventually salary owners get hurt while riches can get away with an army of lawyers and accountants.
fooker 2y ago
If you force owners to artificially reduce rent for a single class of properties (here: cheap flats made for the homeless) the rent for others go up a bit. This has happened in several US cities.
- throwawayq3423 2y ago
  But that's not what is being discussed. Increasing supply is being discussed, which would lower prices for everyone.
Scoundreller 2y ago
> How would it be possible to fix the problem at the expense of the lower working class? Not sure if you intended to phrase your question as you did, but if you give cash to the unhoused to rent housing, that takes supply from the bottom of the rental market if you don’t build any more. Builders tend to build for those that can afford to pay and don’t target the bottom of the market. Most stock of low-cost housing is due to building neglect or depopulation rather than being purpose-built, in a free market anyway.
- vkou 2y ago
  I mean, yes, it doesn't matter how you distribute money, when there are 9 beds in town, and 10 people, someone's going to be sleeping rough.
  - bluefirebrand 2y ago
    This is obviously true, but misses the point Even if there are 10 beds and 10 people, if 9 people can afford to pay 2000 for their beds, and that last one can only afford 500, that last one is still going homeless Because the person selling the last bed is going to want around 2000 for it, just like the other 9 are paying Edit: and no, telling them they have to give up that bed for 500 is not a real option
    - Scoundreller 2y ago
      sufficient vacant property taxes can make it a real option
      - SV_BubbleTime 2y ago
        Taxes! Of course; there is no problem just taking more money from other people can’t solve.
        throwawayq3423 2y ago
        Taxes have made our modern societies possible, so yes they are often the answer to a problem. The American insistence taxes are wrong or "theft" is a malign view that, if adopted widespread, would destroy the ability of most democracies to function.
        SV_BubbleTime 2y ago
        So if a little of something is good, more must be better!!
        throwawayq3423 2y ago
        No. https://en.wikipedia.org/wiki/The_dose_makes_the_poison https://en.wikipedia.org/wiki/The_dose_makes_the_poison

For example just add tax to shoot at the target, eventually salary owners get hurt while riches can get away with an army of lawyers and accountants.

fooker 2y ago

If you force owners to artificially reduce rent for a single class of properties (here: cheap flats made for the homeless) the rent for others go up a bit. This has happened in several US cities.

throwawayq3423 2y ago
But that's not what is being discussed. Increasing supply is being discussed, which would lower prices for everyone.

Scoundreller 2y ago

> How would it be possible to fix the problem at the expense of the lower working class? Not sure if you intended to phrase your question as you did, but if you give cash to the unhoused to rent housing, that takes supply from the bottom of the rental market if you don’t build any more. Builders tend to build for those that can afford to pay and don’t target the bottom of the market. Most stock of low-cost housing is due to building neglect or depopulation rather than being purpose-built, in a free market anyway.

vkou 2y ago
I mean, yes, it doesn't matter how you distribute money, when there are 9 beds in town, and 10 people, someone's going to be sleeping rough.
- bluefirebrand 2y ago
  This is obviously true, but misses the point Even if there are 10 beds and 10 people, if 9 people can afford to pay 2000 for their beds, and that last one can only afford 500, that last one is still going homeless Because the person selling the last bed is going to want around 2000 for it, just like the other 9 are paying Edit: and no, telling them they have to give up that bed for 500 is not a real option
  - Scoundreller 2y ago
    sufficient vacant property taxes can make it a real option
    - SV_BubbleTime 2y ago
      Taxes! Of course; there is no problem just taking more money from other people can’t solve.
      - throwawayq3423 2y ago
        Taxes have made our modern societies possible, so yes they are often the answer to a problem. The American insistence taxes are wrong or "theft" is a malign view that, if adopted widespread, would destroy the ability of most democracies to function.
        SV_BubbleTime 2y ago
        So if a little of something is good, more must be better!!
        throwawayq3423 2y ago
        No. https://en.wikipedia.org/wiki/The_dose_makes_the_poison https://en.wikipedia.org/wiki/The_dose_makes_the_poison