• anachrohack@lemmy.world
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    2 days ago

    This policy is called rent control and it doesn’t work. New York has it and rent is still astronomical. All you would do is eliminate any incentive to build new housing, which is the actual source of the problem

    • RememberTheApollo_@lemmy.world
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      2 days ago

      “It doesn’t work” because profits. If you are in socialized housing there is no need for profit. It’s also kinda absurd to think that, were rent fixed, that there would not be a sea change in how housing and regulations surrounding housing works. It’s myopic to simply say “fixed rent costs = landlords stopping maintaining property” or some such. It would have to be comprehensive, not a sudden, poorly thought out decree like trump would do.

      • Aux@feddit.uk
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        2 days ago

        There’s always a need for profit, otherwise you end up with Chinese ghost cities with millions of empty and rotting homes. They will also become a huge environmental catastrophe there quite soon.

            • Christobootswiththepher@lemmy.world
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              22 hours ago

              I’m not sure we could go back to the stone age, as a society. That would require collective amnesia. We can’t simply forget electricity and wavefunctions, QSARs.

              Mind you, some people are still living a stone age mindset.

              There are other options than a single choice to regress.

              • Aux@feddit.uk
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                19 hours ago

                The majority of the population doesn’t even know ohm’s law, what wave functions are you even talking about? Remove a bunch of engineers and the whole world will be back in stone age in no time.

        • RememberTheApollo_@lemmy.world
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          2 days ago

          Christ dude don’t be so damn binary. Both your comments are. There is nobody saying everyone will or must live in socialized housing in this hypothetical.

          • anachrohack@lemmy.world
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            2 days ago

            Then why bring it up? We’re talking about a system of private housing with a profit incentive