The problem is that lack of money isn’t the reason there’s not enough housing in places that people want to live. Zoning laws intentionally exclude poor people because rich people don’t want to live near them. Allocating more money to the problem doesn’t really help (see: the ridiculous amount of money California spends on affordable housing), and if you fixed the part where it’s illegal, the government spending isn’t necessary because real estate developers would build apartments without subsidies if they were allowed to.
Also, the most recent election shows that ordinary people really, really don’t like inflation, so I don’t think printing trillions of dollars for this purpose is actually more palatable.
The idea is to balance spending with subsidies, to prevent inflation. In this new system, there’s nothing preventing people from migrating from antagonistic municipalities to places where subsidies are approved because of good planning and political climate.
The problem is that lack of money isn’t the reason there’s not enough housing in places that people want to live. Zoning laws intentionally exclude poor people because rich people don’t want to live near them. Allocating more money to the problem doesn’t really help (see: the ridiculous amount of money California spends on affordable housing), and if you fixed the part where it’s illegal, the government spending isn’t necessary because real estate developers would build apartments without subsidies if they were allowed to.
Also, the most recent election shows that ordinary people really, really don’t like inflation, so I don’t think printing trillions of dollars for this purpose is actually more palatable.
The idea is to balance spending with subsidies, to prevent inflation. In this new system, there’s nothing preventing people from migrating from antagonistic municipalities to places where subsidies are approved because of good planning and political climate.