Mickey7@lemmy.world to Lemmy Shitpost@lemmy.world · 4 days agoOwing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury youlemmy.worldexternal-linkmessage-square237fedilinkarrow-up1164arrow-down121
arrow-up1143arrow-down1external-linkOwing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury youlemmy.worldMickey7@lemmy.world to Lemmy Shitpost@lemmy.world · 4 days agomessage-square237fedilink
minus-squarealcoholicorn@lemmy.mllinkfedilinkarrow-up1arrow-down1·2 days agoRent control tied to bottom quintile income. Everyone should be able to afford a home. If construction companies can’t afford to build homes at that cost, look at their material and labor costs; in China they invest in education and have state-run steel and concrete companies to keep the private ones competitive. It costs them avg ~50K to make a 900 sqft 2bd house or apartment in the major cities. Much less elsewhere.
Rent control tied to bottom quintile income. Everyone should be able to afford a home. If construction companies can’t afford to build homes at that cost, look at their material and labor costs; in China they invest in education and have state-run steel and concrete companies to keep the private ones competitive. It costs them avg ~50K to make a 900 sqft 2bd house or apartment in the major cities. Much less elsewhere.