this post was submitted on 03 Sep 2024
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traingang

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basically by tying it to federal funding to force states to allow more housing to be built, which is how the federal government got the states to all raise their minimum drinking age to 21 in the 1980s.

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[–] [email protected] 9 points 2 months ago

I mean, it’s both. The capitalism is definitely a problem but ultimately the vacancy rates in most of the US, especially major cities, are too low. There isn’t enough housing in the places it’s needed.

Just comparing US cities, which all have the capitalism problem, cities with higher vacancy rates have lower rents and lower rates of homelessness.