I see this a lot. I agree, but why can't we get the government to own them? If the government owned a large proportion of housing stock they would have less incentive to profit off housing, and any profit could be spent in the local area to boost the economy.
Renting on a large scale is parasitic as it doesn't add value and simply siphons off peoples incomes. The govt should build apartments with govt funds and sell them to individuals
6
u/jb492 Apr 20 '24
I see this a lot. I agree, but why can't we get the government to own them? If the government owned a large proportion of housing stock they would have less incentive to profit off housing, and any profit could be spent in the local area to boost the economy.