when I say labor is cheap I mostly mean the landlord “labor” since this is virtually nothing. It’s not that expensive. It’s never 30%+ of your paycheck, most houses need nothing most of the time. Most of the rent/buying process of housing is land (aka dirt) value.
It’s not so much that you want to live in a nice place, it’s more than one must. We need to bring land prices down it would be better for the economy, for future generations, and for social equality… We can:
tax the hell out of the land value to finance what give land its value (public transport…)
Build publicly owned rent controlled flats
do aggressive rent control on part of the local housing stock.
Look up how Vienna does it, or in the US, the rezoning associated with rent controlled guarantees (without those guarantees rezoning increases land price)
when I say labor is cheap I mostly mean the landlord “labor” since this is virtually nothing. It’s not that expensive. It’s never 30%+ of your paycheck, most houses need nothing most of the time. Most of the rent/buying process of housing is land (aka dirt) value.
It’s not so much that you want to live in a nice place, it’s more than one must. We need to bring land prices down it would be better for the economy, for future generations, and for social equality… We can:
Look up how Vienna does it, or in the US, the rezoning associated with rent controlled guarantees (without those guarantees rezoning increases land price)