Whether big or small. We all have that one thing from Scifi we wished were real. I’d love to see a cool underground city with like a SkyDome or a space hotel for instance.
Whether big or small. We all have that one thing from Scifi we wished were real. I’d love to see a cool underground city with like a SkyDome or a space hotel for instance.
Food is subsidized and highly regulated by the government.
You can go to the hardware store and buy a screwdriver. Or go to walmart and buy a frying pan. Etc.
Unlike food and housing, a screwdriver isn’t required to live. That’s why food is subsidized and regulated. Whereas non essentials are allowed to compete in a free market.
Food is subsidized because of farm lobbying, which is why there are far more subsidies for the corn that goes into Doritos than there are for spinach and blueberries.
Food is regulated because it can create public health crises. Afaik, most food prices are not regulated beyond anti-gouging and anti price fixing laws, which also apply to screwdrivers.
Food, and screwdrivers, are cheap because they are commodities in a competitive market. Any given tomato or screwdriver is more or less like the next, and customers can always go from Home Depot or Kroger to Lowes or Walmart across the street.
Regardless, you are failing to engage with my actual point, which is that unnecessary restrictions on the production of goods will drive manufacturers to produce only the most high-margin options, which is why developers never seem to build affordable housing.
Now, I’m not unsympathetic to your argument - maybe it really is impossible for profit-seeking entities to build affordable housing under ideal conditions (though then you need to explain how we built affordable housing in the past…). But my argument is: there are some very obvious regulatory and tax reasons for why housing is in such short supply, and these hurdles would need to be overcome by anyone building housing - public or private. So, we should remove these barriers first and see what happens.
Yet you gave the example of food being cheap which has regulations. It’s cheap because it is subsidized. Farmers aren’t the only industry with lobbiests.
We killed the existing land owners so there was a surplus of land.
https://en.m.wikipedia.org/wiki/Housing_Act_of_1949 (required cheap housing to be built to replace any cheap housing torn down.)
The only barrier is the people who vote. If a community votes against a developer, that’s their constitutional right. Which is why I said the supply is the problem. Giving more money to renters does not change the supply. If more housing was built, the price would go down and ubi wouldn’t be needed.