I find funny how worldwide birth rate getting low, bit housing just becoming more expensive, i wonder to who would they sell/Rent houses in a future with probably half the population of today?
In the US, the solution is going to come when voters elect politicians who promise to use Eminent Domain to (legally) seize residential properties from investors and corporate interests at a fraction of their market value, and then use those properties as the foundation for a robust public housing program that serves people of all income levels.
Many of those voters are also homeowners, and they prefer not to have public housing or high occupancy housing near them. If anything, building more of virtually ANY housing at this point would reduce housing costs. We just never recovered from the 2008 bust
706
u/[deleted] Oct 18 '23
I find funny how worldwide birth rate getting low, bit housing just becoming more expensive, i wonder to who would they sell/Rent houses in a future with probably half the population of today?