You know how California got sick of greedy companies ripping off people for insulin so now they’re going to sell insulin themselves at a reasonable price? Yeah, they should do that with apartments.
This literally happens in some areas outside the US. I can’t remember if it’s NotJustBikes or HappyTowns that talks about it on YouTube. But basically, the government offers affordable housing to force landlords to compete on quality and price. Shockingly in those areas rents are down and the quality of apartments is decent.
I lived in a housing market like that. It was a college town dominated by a church subsidized school. The students had to live in on-campus, off-campus and registered, or unregulated housing. The only people allowed to do unregulated housing were those who had their stuff together e.g. married or living with family. Housing was cheap and any landlord disagreements could be complained against the uni housing office. The uni provided so much housing that prices were based on the uni’s low cost instead of anything higher. A friend from high school had her dad choose to “invest” by buying a small apartment building out there, but even with his daughter as manager, he didn’t make a good return because he didn’t have the scale to provide the minimum level of service. I think he sold it.
Students there tended to get married and have children while still in school.
Long story short, housing market regulation can be done via a dominating entity over demand, but non market forces are not common everywhere.
thank you I feel like I’m taking crazy pills when I think about this. It would revolutionize California. More affordable housing Central Valley with career opportunities in whichever city, less pollution, less car wrecks, likely to stimulate the economy.
There is a reason Musk tried blocking the high speed rail from getting built- it’s so he can sell more cars CA is his biggest buyer, if the rail was built he would be saying goodbye to his foothold in CA.
If you spend enough time in CA, it’s unbelievable how clear it is this rail needs to be built, and not in the next 30 years, we need it now
You know how California got sick of greedy companies ripping off people for insulin so now they’re going to sell insulin themselves at a reasonable price? Yeah, they should do that with apartments.
This literally happens in some areas outside the US. I can’t remember if it’s NotJustBikes or HappyTowns that talks about it on YouTube. But basically, the government offers affordable housing to force landlords to compete on quality and price. Shockingly in those areas rents are down and the quality of apartments is decent.
Vienna, Austria is a classic example. Don’t know about the current situation, though.
I lived in a housing market like that. It was a college town dominated by a church subsidized school. The students had to live in on-campus, off-campus and registered, or unregulated housing. The only people allowed to do unregulated housing were those who had their stuff together e.g. married or living with family. Housing was cheap and any landlord disagreements could be complained against the uni housing office. The uni provided so much housing that prices were based on the uni’s low cost instead of anything higher. A friend from high school had her dad choose to “invest” by buying a small apartment building out there, but even with his daughter as manager, he didn’t make a good return because he didn’t have the scale to provide the minimum level of service. I think he sold it.
Students there tended to get married and have children while still in school.
Long story short, housing market regulation can be done via a dominating entity over demand, but non market forces are not common everywhere.
California’s housing would be much less of an issue if the high speed rail was built
High speed rail such a great way to travel medium distances anyway it’s downright criminal the US hasn’t figured it out yet.
thank you I feel like I’m taking crazy pills when I think about this. It would revolutionize California. More affordable housing Central Valley with career opportunities in whichever city, less pollution, less car wrecks, likely to stimulate the economy.
There is a reason Musk tried blocking the high speed rail from getting built- it’s so he can sell more cars CA is his biggest buyer, if the rail was built he would be saying goodbye to his foothold in CA.
If you spend enough time in CA, it’s unbelievable how clear it is this rail needs to be built, and not in the next 30 years, we need it now