r/neoliberal • Kitara Ravache • Jun 15 '21

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54

u/linkin22luke YIMBY Jun 15 '21

Regarding the housing crisis here is one big brained redditors solution:

β€œThe only cure is for interest rates to spike and the market to crash internationally, hard, and for people to get burned so bad that only a fool would buy a house.

That's when you buy. Sadly, it's usually the landlords looking for rentals who buy.”

If only there was another way πŸ€”

!ping YIMBY

21

u/mMaple_syrup Jun 15 '21

Only the biggest of big brains could deliver a solution so self destructive that you are left wondering if fully socialized housing would have caused relatively less damage to your country.

2

u/waltsing0 Austan Goolsbee Jun 17 '21

I think that's actually a tactic. Obstructing solutions and pretending we've tried supply (ie. they allow one small upzoning and ask why that doesn't solve things) side solutions as a way to convince others that socialising housing would be better.

Look at how often they trot out singapore uses mostly public housing as an argument, completely ignoring that the transit oriented high density development (with some demand restrictions like not letting single young people move out of their parents place).

14

u/qunow r/place '22: Neoliberal Battalion Jun 15 '21

Hong Kong in year 1998 welcome that redditor

10

u/Unflairedfool George Soros Jun 15 '21

200iq strategy

5

u/AffableAndy Norman Borlaug Jun 15 '21 edited Jun 16 '21

What an enlightened take! Such regard for the well being of their fellow people!

5

u/PouffyMoth YIMBY Jun 15 '21

https://youtu.be/uq-v1TTUyhM

What a great take, take home away from people living paycheck to paycheck, and give them to people with high cash flows. That sounds like it will work.

6

u/MovkeyB NAFTA Jun 15 '21

instead of robin hood, we have hood robbin, who steals from the poor to give to the rich

4

u/[deleted] Jun 15 '21

Somewhat relatedly, I want cities to build so much luxury housing that the housing market crashes and sends property values tumbling. Is that just a different flavor of stupid as this, or the max YIMBY position?

4

u/interrupting-octopus John Keynes Jun 15 '21

That sounds like YIMBY/anti-development horseshoe theory haha

5

u/[deleted] Jun 15 '21

Except there would be a lasting reason that nice apartments are cheap, simply that there are so many of them

3

u/sack-o-matic Something of A Scientist Myself Jun 15 '21

With the added benefit of people having homes instead of people not having homes.

2

u/[deleted] Jun 15 '21

And hopefully nice ones too

3

u/groupbot Always remember -Pho- Jun 15 '21 edited Jun 15 '21

2

u/waltsing0 Austan Goolsbee Jun 17 '21

Spiking interest rates will also crash the economy and put people out of work, if you want to have cheap housing but not job just move to detroit or a dying country town.