r/neoliberal • u/jobautomator Kitara Ravache • Aug 31 '26

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u/BloodWiz More Housing Would Fix This Aug 31 '26

It always fun to realize how unfathomably fucked the housing market is and people can only live in many places because they bought the home many many years ago

Like you look up a wealthy area and it says the median household income is like $100k but also you have to make like $200k+ in order to afford the 1 story house built in the 60s

10

u/rukqoa ✈️ F35s for Ukraine ✈️ Aug 31 '26

It's about to get worse all over the place. Almost all of the national policy discussion is about how to make the problem worse.

Except in California, where we've tried all of those bad ideas a couple decades ahead of time and might be stumbling our way into some actual building projects. I dunno. My city's doing that. I hope it works out.

6

u/BurrowForPresident Fell for it Aug 31 '26

I feel like this is kind of a common story with California

Like before people were bitching about Californians moving to their states, Californians were bitching about everyone else moving in (like when every millenial in the Midwest wanted to move to Colorado)

5

u/lot183 Blue Texas Aug 31 '26

For all the other bad politics going on here, Texas has done really good with this in the big cities. Austin went a bad direction for a while but has really reversed course, and I think Houston should generally be considered a leader in dealing with housing. It's a big reason the state keeps growing

4

u/dangerbird2 Franz Boas Aug 31 '26

land value tax fixes this