to be clear, twitter is bad, but not because it tells people when biden is lying without giving Hank enough Details and Context. I mean ffs this all happened ages ago and I could have told you exactly what he spent the whole video researching and whinging about how complicated it was. It's not that complicated.
hahahaha its the original soyjak who "fucking loves science"!!!
I remember he recently shat out a video about how the solution to homelessness is to build more houses because: "akkording to muh soyience, supply must be down because demand and price lines go up!"
Built by who? Owned by who? What's stoping those homes from immediatly being bought up by investment capital and being rented out at the "fair market rate"?
Fucks sake I'm sick of the "I don't understand why they don't just..." solutions
They dont have solutions for housing or homelessness without abandoning their politics. They get very mad when you point out their Build More Housing No Matter What Kind is just trickle down economics from the 80s applied to an inelastic good.
I remember he recently shat out a video about how the solution to homelessness is to build more houses because
Hot take, I agree with the Libs on this one, we should be building more housing. The country is increasingly urbanizing, which should be a good thing, but local petite bourg real estate owners want to restrict supply to make their assets more valuable. Hence the affordability crisis. Throwing up more high rises in Cali would do a lot to help lower housing costs and reduce homelessness.
I don't agree with libs on this one. More housing doesn't directly relate to more affordable housing. If it was affordable high rises, sure. But the housing we're building is "market rates" and higher and that just doesn't push down prices, it drags prices up.
Housing is an inelastic good and landlords will charge whatever they "can" which is based off other available houses.
like making more housing is kinda of the solution, the problem is that you don't need to build houses as much as should retrofit existing buildings that are empty in dense urbans spaces into housing, as they would have access to much better infrastructure and would be cheaper and less damaging to de enviroment as building materials have such a fucked up carbon footprint due to their production, like i am from brazil and i think the best thing lula did was his proposal to use old federal buildings that have lost their use into housing (for example, a bunch of stuff in rio that is on the most valued land with a bunch of transportation and infrastructure already built in that lost their function when the capital moved to Brasilia) which is incredibly better than the other program that we already had from his first term that builds houses because those tend to be so far away from where people actually live on the areas that have the least job oportunities
There's plenty of houses already. building houses doesn't work if the new house immediatly gets bought by an investment firm that rents it out for 1.5x the areas median income.
Throwing up more high rises in Cali would do a lot to help lower housing costs and reduce homelessness.
Is there any example of this occurring, because these high rises in California are all exclusively going for 4-5k a month for a 1 bedroom, which im not sure is very helpful for a population thay struggles to pay any rent
The libs are not right because they do not agree with you on public housing, its all mArKeT bAsEd SoLuTiOns.
Never mnid thats fair enough then, idk much about "the economy" other than its function according to the POSIWID* maxim, its a bit weird that we need to build way more houses than physically necessary otherwise people will die on the streets.
but local petite bourg real estate owners want to restrict supply...
However, there seem to be other more video game based solutions to the problem...
tbf there are localized supply issues. But there's also a "rich fucks have lost their basic humanity and ability to live in a society" problem that requires fixing before any serious solutions can really be entertained :gui:
what sucks is he has described having been a radlib or anarchist or something in the past when he was super focused on climate change, reading Andreas Malm, etc.
I still don't get what changed his mind. Success, I guess. And probably a lack of theory