solarpunk memes

Housing should not be a speculative asset in the first place. Houses are for living in- and before you tell me about how they are a valuable store of wealth, you shouldn't need to do that either to get by. Your net worth and therefore your class standing should not be a factor in whether you can have access to the basics of life. That's why it's called capital-ism, because everything revolves around capital. It's designed to self-perpetuate by exploiting the inequalities it produces. There are other ways of life, and they aren't as pie-in-the-sky as they would seem. You just have to get out of the capitalist frame of mind to understand how they work and what exactly is holding us back from achieving them.

I think the biggest issue is that the price of homes proportional to income isn't what it used to be. And that causes things to keep getting worse.

Homes cost more and people have less money so less homes are sold. This allows institutional investors to buy up larger portions of the available housing, and they prefer to rent those out.

So that along with other factors makes home prices keep going up causing less people to be able to buy. People being forced to pay a larger portion of their income to housing causes the spiral to get worse and creeps into other industries that people won't patronize if they need to save money.

Landlordss being allowed free reign historically does this to countries. It happend in England and China and probably a lot more countries i am ignorant about.

Okay, but then you still do need to worry about eating the loss of property with little to no value remaining. The Cooperative is a group of people living there and owning the homes via very large loans which do not disappear when you no longer wish to live there. Depending on the co-ops terms you might get straddled with debt even if you leave. In the worst case, if you're the last one out and the debt does transfer to remaining owners then you get stuck with many tens of thousands of dollars debt.

In examples like China, where they executed landlords en masse to forcefully redistribute land, ended up just falling back on the landlord property rental structure exactly the same as before.

Just imagine paying the half of it, for supporting local workers for maintenance and fixups instead of a random nobleman's holidays in paradise...

Yeah lol why would anybody pay inflated prices for a house if government housing was just as good. It's not the government that's your problem, it's the owning class that makes the rules with a vested interest in making sure a) public resources don't compete with private profit and b) workers have to keep working to survive (which also generates private profit)

Look at the public housing in singapore. Shit's awesome. You're telling me the wealthiest nation on the planet can't pull that off? I call bullshit.

I grew up in a government subsidized co-op, and I loved it. It's still going, and some of the rents are as low as $8/mo.

Government/public housing can be good. You just need to protect it.