• kacesensitive 3 days ago

    This is one of those things that sounds radical now but was completely normal policy 70 years ago. The federal government used to directly build housing—lots of it—for working-class families. Projects like the New Deal and post-WWII housing initiatives weren't perfect, but they did provide millions of people with stable places to live.

    What changed? Mostly a shift toward neoliberal policies in the '70s and '80s that framed government intervention as inefficient and market solutions as inherently superior. We offloaded housing policy to private developers and then acted shocked when affordability cratered.

    We don’t need to reinvent anything—we just need the political will to do what we already did once, and quite successfully.

    Instead of addressing systemic issues like housing, wages, climate change and healthcare, we started screaming about the culture wars (thanks Reagan). It was easier (and more profitable) to stir outrage over symbolic issues than to solve material problems. We could’ve been building homes, but we got tricked into yelling about bathrooms and book bans instead.

    • zajio1am 2 days ago

      You ignore the administrative/legal barriers to any new project that greatly increased since that time, due to legislation pushed mostly by left. Today it is substantially harder to build anything, both for public and private sector (although private sector can push through by throwing more money at the problem).

      > We don’t need to reinvent anything—we just need the political will to do what we already did once, and quite successfully.

      We are in vetocracy, because cheapest way way to placate your political supporters is to give them power to veto what they do not want (instead of accomplish anything positive).

      See https://www.theatlantic.com/ideas/archive/2025/05/abundance-...

      • redserk 2 days ago

        Your initial take is bizarrely politically charged for something that transcends the left-right divide.

        Many non-“left” barriers have been raised too and ignoring that only contributes to the mess we’re in. For example: zoning and planning. Plenty of folks would like to claim they want more homeless housing, just not near them.

        I find the divide between what people want nationally versus locally very amusing: https://today.yougov.com/politics/articles/44611-opinions-na...

      • undefined 3 days ago
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      • xivzgrev 3 days ago

        Weeeell let’s see what that translates to today. Assuming 30k houses for 100,000 people this effort would have budgeted… $77k per house in today’s dollars.

        record stops

        The median home today is $350k-ish. Whoops, Congress better be prepared to allocate more or lower housing costs before this article’s advice can be implemented

        waiting for Godot

        • esseph 3 days ago

          Supply and demand.

          There's huge demand and not enough supply.

          You act like that number should be the target. If the government were to start pumping out houses, supply goes up, reduced demand drops prices.

          • ponector 2 days ago

            Are you sure you're talking about same type/size of housing with the same amount of amenities?

            • snypher 3 days ago

              >The median home today is $350k-ish

              Sale price at market yes. Let's see cost of goods on that please.

            • lapcat 3 days ago

              When I was a baby, my Baby Boomer parents and I lived for a year or so in a Quonset hut, which was military housing repurposed for civilians after World War II: https://en.wikipedia.org/wiki/Quonset_hut

              • Ccecil 2 days ago

                My Grandparents, mother and a couple of the older aunts lived in Rodger Young Village [1] when they first moved from Pennsylvania to Southern California just after the war. My grandparents picked strawberries until they could find "proper" jobs. Grandmother and Mother worked eventually doing keypunch for Kaynar (sp?), which was a contractor for the aerospace industry. Stories of pallets of punchcards... Grandfather ended up becoming and efficiency engineer.

                They raised 8 kids.

                [1] https://en.wikipedia.org/wiki/Rodger_Young_Village

              • j-krieger 3 days ago

                My pet theory is that we could solve 80% of society's problems by providing affordable housing. Most other things that plague us are just symptoms of this one issue.

                • api 3 days ago

                  I’m a gigantic believer in this and will hop on the nearest soapbox at any chance to evangelize it. High housing prices are literally destroying civilization, pricing the next generation out of existence and fueling every form of resentment.

                  Home equity or the future. Choose one.

                  If we keep pricing the next generation out of existence eventually the pyramid will collapse due to population decline. But I suppose the older homeowners living on it now will be dead so they don’t care.

                  • blitzar 3 days ago

                    > Home equity or the future. Choose one.

                    The masses (sadly) will choose home equity every time.

                    I have witnessed bitterly resentful people turn into local activists protesting against any new build the day after they purchase a property.

                    • spacemadness 3 days ago

                      Houses should not be investment vehicles and almost required for retirement as they are now. Doing so means they need to increase at a rate salaries can never catch up with. It makes zero sense. We tell the younger generation they need to buy housing to retire then lock them out in areas they can have a career. It’s sick behavior. Our society basically deserves to fail at this point if we don’t fix this.

                      • CooCooCaCha 3 days ago

                        When it comes to collective action, people will exhaust every option except the one where they work together for the common good.

                        • blitzar 3 days ago

                          I see a lot of working together to stop any new properties being built, for them it is the "common good" - by common they exclude all "outsiders".

                          • api 3 days ago

                            It’s mostly about home equity, and this is a very common collective behavior called a cartel.

                            It’s illegal for corporations to do this in most cases, but individuals certainly can. Housing is probably the main area where they do, with neighborhoods forming organic cartels to restrict supply to raise price.

                            As with all cartels the solution is to break it up or take away its ability to restrict production using lawfare and other means.

                            • CooCooCaCha 3 days ago

                              Clearly that’s not what I meant, and you seem to have figured that out yourself. I meant the common good of society. The greater good, if that makes more sense.

                          • TheNewsIsHere 3 days ago

                            I was at risk of falling into that trap. When we purchased our current home we did so within a few months of $major_national_shitty_homebuilder having closed the real estate transaction and submitting plans to raze a huge forested natural area directly behind our home and develop almost 100 new townhomes.

                            It was easy to miss that in the due diligence.

                            And it was really frustrating to experience. The development company cut so many corners that our own neighborhood had to engage several times with the city council and development bodies because their water management was threatening our properties. During construction of the water infrastructure they backflowed a toxic concentration of chemicals into the water supply. Their retention pond design is absolute garbage and while it was inspected and approval has already caused problems. They forgot to account for water going downhill while making assumptions about water volume that a week of heavy rain already invalidated.

                            We need the housing though, so it’s good we have that. I’m not sure we need more housing in the form of townhomes that cost $700,000+ each but at least it’s higher density than single family residences, which are killing the housing market in their own way.

                            Would just be nice if home building firms weren’t such a menace.

                            • vharuck 3 days ago

                              >We need the housing though, so it’s good we have that. I’m not sure we need more housing in the form of townhomes that cost $700,000+ each but at least it’s higher density than single family residences, which are killing the housing market in their own way.

                              An optimistic theory is that new high-value housing leads to good outcomes for everyone: developers make a better profit, the area becomes more appealing, wealthier families can upgrade to the new houses, the local government gets more real estate taxes, and the previous houses of the relocators can be bought by less wealthy families (repeat this last step down the wealth scale).

                        • Robotbeat 3 days ago

                          The Housing Theory of Everything.

                          Anyway, instead of the government building housing, we have the government stopping the building of housing as much as possible.

                          • more_corn 3 days ago

                            There’s government and there’s government. Cities block housing through zoning and permitting. They literally refuse to permit. It’s madness.

                          • riffraff 3 days ago

                            You'd need to build a lot more around the houses. Many "bad neighborhoods" in various countries started as affordable housing projects, but that's not enough to have a healthy social situation.

                            We need the housing, but it doesn't solve most issues.

                            • agent281 3 days ago

                              I agree with GP. I would amend their claim with "most problems* could be solved by building high density housing and services in areas with jobs." I.e., build real cities.

                              Building homes on federal land in the middle of no where will not do anything for people. We just need to allow people to build housing where there is a demand for labor.

                              Some things I think would be solved include:

                              - the housing crisis

                              - mobility => it would be easier for people to move to other parts of the country because they would be less tied to their homes - labor mismatches

                              - climate change => less reliance on cars

                              - funding infrastructure => more dense infrastructure means you don't have as much infrastructure to repair and you have more people paying for it

                              - city government budgets => high density areas are more tax efficient

                              - home insurance => the homes on the outskirts of cities are most likely to burn down; if housing is cheap the cost to insure it will be cheaper as well

                              IMO, if housing is 30-60% of peoples budgets and transportation is another 10-20%, if you can bring those costs down you can de-stress a lot of people. That might make politics less intense too.

                              * "Most problems" is not strictly accurate. But "more problems than you might think are directly related to housing" doesn't really roll off the tongue.

                              • more_corn 3 days ago

                                If only there was a model that worked that we could copy and paste from. Some sort of plan for building healthy communities that would last a hundred years. Read the article.

                                • baggy_trough 3 days ago

                                  A sufficiently high housing price is a feature, not a bug.

                                  • blitzar 3 days ago

                                    The price isn't the feature - the growth in price is the feature.

                                    Inflating away debt is less consistent but more miraculous than compound interest.

                                    • baggy_trough 3 days ago

                                      Both are features.

                                    • undefined 3 days ago
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                                  • izend 3 days ago

                                    Canada use to build social housing but stopped around 1995[1] and the housing affordability situation deteriorated over the next 30 years[2].

                                    [1] https://x.com/g_meslin/status/1373689001866067969 [2] https://external-preview.redd.it/UGgkJlBT0dV7DwLgbEnJpgQzj4i...

                                    • j-krieger 3 days ago

                                      Germany - where I live - built Housing like there‘s no tomorrow in the 60s, which lead to the most prosperous phase of the country‘s existence. Then we stopped. And now we‘re where we are. Companies can’t hire because people can‘t move. There‘s sub and 0.1% empty apartments in cities.

                                      • neom 3 days ago

                                        I was reading this yesterday and it's wild to me how much changed in Canada in 1995: https://progressingcanada.com/ - Seems like 95 through 97 set in motion some bad things for Canada?

                                        • api 3 days ago

                                          Around the turn of the millennium many countries seem to have decided to underproduce housing, both by ending government programs like you describe and by erecting government barriers to private home construction.

                                          My conspiracy theory is that homeowners vote at higher numbers and more reliably and like free money.

                                          • blargthorwars 3 days ago

                                            In a local election we had to stop talking about "Housing Afforbabiliy" as homeowners perceived that as "Shitty Apartments Brining Down My Property Value."

                                            Sadly... they're kind of right.

                                            • api 3 days ago

                                              “I’ve got mine, fuck you.”

                                              The thing that drives me insane is that this is endemic in extremely liberal cities. Ask them if they support Trump’s wall and his mass deportations, and when they freak out point out that the housing policies they favor are the same thing on a smaller scale with pretty much the same motives.

                                        • mayneack 3 days ago
                                          • thrance 3 days ago

                                            I think it's too simple. Housing is but one symptom of our dysfunctional societies. That said, I'm all for decommodified housing.

                                            As long as capital allocation is decided undemocratically, there won't be enough housing, food or medicine for everyone.

                                            • CooCooCaCha 3 days ago

                                              It would make a huge difference though. Cheaper housing would mean more people could walk away from shitty jobs with low risk of ending up homeless.

                                              This increases the power of the labor class and would hopefully lead to better working conditions.

                                              My pet theory is many of societies problems would significantly improve if we gave more people the ability to walk away.

                                              • Nasrudith 3 days ago

                                                Decommodification of housing is the exact last thing that you want if your goal is to make housing more affordable. How did that particular buzzword get off the ground?

                                                • thrance 3 days ago

                                                  How so? If housing was a right instead of a commodity, it wouldn't be a burden on anyone.

                                                • j-krieger 3 days ago

                                                  The scarcity of ground to build on is the only artificial supply limiting factor in these examples.

                                                  • RhysU 3 days ago

                                                    > there won't be enough housing, food or medicine for everyone.

                                                    This scarcity of resources is true and it has nothing to do with capital allocation methodology. It's just economics. Human beings collectively have unlimited wants. You can't solve it by changing the allocation method.

                                                    • thrance 3 days ago

                                                      The want for food, medicine and housing is not unlimited.

                                                      • RhysU 3 days ago

                                                        When there's a stable supply of food, medicine, and housing people reproduce. More aggregate people implies more aggregate demand.

                                                        Suppose only 5% of the population breeds like rabbits in the presence of food, medicine, and housing. It won't take long for that cultural subpopulation to dominate.

                                                        Humans are not unlike microorganisms in a petri dish when one adds nutrients. All life is.

                                                        • thrance 3 days ago

                                                          Wtf are you even talking about. Do you feel like some people should be starved, homeless and sick because else they would "breed like rabbits"? What a deranged view to hold.

                                                          If you really believe this shit, read https://en.wikipedia.org/wiki/Demographic_transition

                                                          Humans are very much unlike microorganisms. Populations don't explode when their needs are met, quite the contrary.

                                                          • RhysU 3 days ago

                                                            I said human wants are limitless. You said no they're not. I said yes they are, giving the example of population growth as a way that aggregate demand increases even if some people are completely satisfied. This is ECON 101 and a small amount of biology. That's what I am talking about. Notice "need" and "want" are 2 distinct words and you are reading past the difference.

                                                            Demographic transition in one culture does not imply universal demographic transition across the species. Because those who haven't yet transitioned will control population growth rates.

                                                            Now why did I say this? Because you opened by presuming that socialism would solve human wants. Which is nonsense. Nothing solves human wants.

                                                            • thrance 3 days ago

                                                              Demographic transition is absolutely a universal phenomenon, no country has ever been observed taking another path.

                                                              I reiterate, the need for food, housing and medicine is not unlimited. The population is not infinite and humans have a limited need of these things. Do the math: finite×finite=finite

                                                              "Nothing solves human wants": what about prices? It seems like it does. It's a flawed solution that leaves some with nothing, but it does solve it. Now, what if we distributed the basic utilities on an as-needed basis. That too would solve "human wants" on those things, and would ideally leave none lacking.

                                                              Please don't quote "econ 101 and basic biology" at me without actually engaging with what I'm saying. You're ignoring material reality and using abstract nonsense to deter from the subject.

                                                              • undefined 3 days ago
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                                                          • jjk166 2 days ago

                                                            People reproduced much more when food, medicine, and housing were much more scarce. Humans are quite a bit different from micro-organisms. Humans are a K-selected species - the optimal strategy for passing on our genes is to invest as many resources as possible into the smallest viable number of offspring. In the past people needed large numbers of children because infant mortality was very high - the average number of children that actually survived to reproductive age in rural, pre-industrial populations was less than 2. Now that infant mortality is low, there is no need for spares.

                                                            We see this quite clearly. Wealthy nations have much lower fertility rates. Wealthy individuals tend to have fewer kids. Even those pursuing large families have smaller families than they did in the recent past - my grandfather was the youngest of 12, when was the last time you met someone with 12 kids? Even Elon Musk, one of the richest people in human history whose net worth exceeds what a medieval peasant would make in their lifetime a million times over and who has an obsession with maximizing his reproduction has a number of offspring that would not be seen as exceptionally large by a medieval peasant, particularly when spread across multiple women.

                                                            Realistically, no one is going on a breeding frenzy because they can suddenly afford a 3 bedroom apartment.

                                                            • RhysU 2 days ago

                                                              Thank you for the detailed response.

                                                              > Humans are a K-selected species - the optimal strategy for passing on our genes is to invest as many resources as possible into the smallest viable number of offspring.

                                                              It's certainly fashionable these days in the West. I don't know that I would call it optimal. Optimal now for passing along genes is probably donating at a sperm bank after getting into a regionally swanky university. A joke, of course, but notice it stacks! Certainly the donating to the sperm bank plus what you profess dominates what you profess in isolation. Since I just improved the strategy, it wasn't optimal.

                                                              > People reproduced much more when food, medicine, and housing were much more scarce.

                                                              Yet the population was smaller. You're talking per capita rates and I am not.

                                                              We successfully produce more viable adults now in absolute terms than ever before, the number of live births notwithstanding. Otherwise, global population would drop. Which it hasn't. Definitely slower growth but not shrinking: https://www.worldometers.info/world-population/#growth rate

                                                              That site says "The latest world population projections indicate that world population will reach 10 billion persons in the year 2060 and 10.2 billion in 2100."

                                                              > Humans are quite a bit different from micro-organisms

                                                              Humans increasingly inhabit inhabitable parts of the Earth with increasing density. This species-wide growth, regardless of the optimal reproductive strategy for any single individual, is like a microorganism spreading across a petri dish. We're starting to run into the edges of the dish so we're slowing down a tad. But, likely growth for at least the next 75 projected years per the above 10.2B people in 2100 projection.

                                                              Going back a step: My point is there's no end in sight for needs around housing, food, and medicine. Human beings aren't special. We consume all available resources, in part due to population growth. I did not expect population growth to be such a controversial topic. Population, it grows.

                                                    • sleepyguy 3 days ago

                                                      There is a lot of affordable housing; it's just that no one wants to live there for reasons such as work, location, crime, etc. Sure, there is no affordable housing in places like NYC, because too many people want or need to live there.

                                                      A quick search on realtor.com for a place like Cleveland. Plenty of houses for 150k.

                                                      • dingnuts 3 days ago

                                                        it stops being affordable when you take the Cleveland salary

                                                        • Nasrudith 3 days ago

                                                          Yeah, the problem is that if housing is cheap, chances are you can't afford it unless you have an independent income stream (say retirement). And those who benefit from it usually prefer more expensive areas and/or have a need for more premium services like specialist hospitals in the area because they are old.

                                                        • j-krieger 3 days ago

                                                          Just make it more affordable to build.

                                                        • loeg 3 days ago

                                                          This has been expressed as "the housing theory of everything," and there's some truth to it.

                                                          • Ferret7446 3 days ago

                                                            > we could solve 80% of society's problems by ... magically generating billions of dollars worth of resources out of thin air

                                                            Yes, resource scarcity is a key factor underlying society's problems.

                                                            • const_cast 3 days ago

                                                              Most of the scarcity around houses are artificial. Home owners want housing to be scarce because they have an expectation of property value going up, forever.

                                                              If housing becomes more abundant, a lot of middle class people become decidedly poor. Well... that's bad. And they're the voters, so is that going to happen? No.

                                                              We can build denser, cheaper per-unit housing. We decide not to, because the only people that want that are the ones who don't have a house. As soon as they get a house their opinion will change.

                                                              • barchar 3 days ago

                                                                Yeah, I unironically think buying a house as a primary residence should require being an accredited investor.

                                                                Probably among the least popular political ideas I can think up, though.

                                                            • blitzar 3 days ago

                                                              If you did society would collapse as the housing Ponzi scheme collapses.

                                                              • roenxi 3 days ago

                                                                In corporate environments people often get into a frame of mind where they acknowledge they are behaving irrationally but are convinced - convinced! - that behaving rationally would bring terrible results and everyone is going to move in mad lockstep. I think it is some sort of groupthink-related phenomenon. They're pretty much always wrong about the bad results if someone can force change.

                                                                It can be true that sudden change can lead to bad results and I wouldn't necessarily advise shock therapy, but making the basis of a system more rational usually leads to good outcomes. Being honest about how valuable something is won't cause society to sink beneath the ocean and neither does letting people just build houses on land they own. Someone is already eating economic losses here, we just don't quite know who or how much. Letting them do better will surely outweigh the negatives.

                                                                • blitzar 3 days ago

                                                                  I don't advocate for the current system - but the western capitalist system is (rightly or wrongly) based heavily around property.

                                                                  > Someone is already eating economic losses here, we just don't quite know who or how much.

                                                                  It's an intergenerational transfer of wealth from the young to the old.

                                                                  Rough and dirty you could probably reverse back the amount by taking the change in Average house price-to-earnings ratios. Very basic estimate is from 4x earnings to 7x, which on the stock of US housing is about $20 trillion.

                                                                • itsanaccount 3 days ago

                                                                  I never know the attribution of the quote but it springs to mind, "If it can be destroyed by the truth then it should be destroyed."

                                                                • gruez 3 days ago

                                                                  Ireland had a property bubble that popped and society didn't exactly collapse there.

                                                                  https://en.wikipedia.org/wiki/Irish_property_bubble

                                                                  • itsanaccount 3 days ago

                                                                    If you believe this site economics are equivalent to reality and rich people losing money is the end of the world. I don't think you're going to convince them.

                                                                    • rsynnott 2 days ago
                                                                      • blitzar 3 days ago

                                                                        Government borrowing 100% of GDP over a few years helped ease the collapse (and re-inflate the prices again).

                                                                        • disgruntledphd2 3 days ago

                                                                          > (and re-inflate the prices again)

                                                                          That's not what re-inflated prices. Basically, no houses were built from about 2007 to 2017, and then far too few houses were built. Meanwhile, loads of people immigrated to Ireland for jobs (mostly in tech and finance).

                                                                          Then, because lots of people spotted that Irish property was a good investment, people started piling in using rents as their baseline for investment, driving rents up, which pushed prices up etc.

                                                                          But fundamentally property prices are increasing in Ireland because of population growth and a lack of supply (driven by poor planning for water and services, along with a culture of property owners objecting to the opening of an envelope).

                                                                          • rsynnott 2 days ago

                                                                            Quite the opposite; the state should instead have borrowed 105% GDP and kept the construction industry on life support (during the financial crisis many countries did this, generally with public works stuff, but Ireland essentially let its construction industry die). As is, almost no housing was built between about 2010 and 2016, resulting in a massive shortage.

                                                                            The extremely high cost of the Irish bank bailout was largely down to bad bank practices and not merely the fact that there was a property bubble.

                                                                            The noughties Irish property crisis was largely driven by a speculative bubble, and there was not really a huge supply shortfall. Unfortunately, he _current_ one is supply-side. In 2023 Ireland built more housing per capita than any other OECD nation and it was close to the top last year, but, even optimistically, that is only stopping the shortfall from getting _worse_.

                                                                            (A lot of this is down to catastrophically bad estimates made early last decade, which had Ireland returning to its traditional economic pattern of perma-recession, and draining the working age population off via emigration.)

                                                                          • Eavolution 3 days ago

                                                                            I mean there is currently a housing crisis in Ireland, particularly in Dublin.

                                                                          • tmountain 3 days ago

                                                                            All of society is built on the housing “Ponzi scheme”?

                                                                            • j-krieger 3 days ago

                                                                              I just want a home for my kids and a garden to grill. I don‘t care about it’s value, or the increase of it.

                                                                              • lurk2 3 days ago

                                                                                … because?

                                                                                • azemetre 3 days ago

                                                                                  If you dig down deep enough it’s always about valuing money over humans.

                                                                                  • neom 3 days ago

                                                                                    I think if you go even deeper: it's that humans primitively require novel and emotional experiences, it got us out of the cave. These systems are a way to generate.

                                                                                    • lurk2 3 days ago

                                                                                      I’d like to dig down deep enough that we reach causal explanations.

                                                                                  • undefined 3 days ago
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                                                                                  • jaoane 3 days ago

                                                                                    There are places in the West where this has been done and all you get is ghettos full of scum and crime. You have to pair this with jobs and a way of promptly removing undesirable elements from the neighbourhood. Cf. section 8.

                                                                                    • hguyer6 3 days ago

                                                                                      [flagged]

                                                                                      • Robotbeat 3 days ago

                                                                                        All that’d require is making it legal to build, in most cases.

                                                                                        • xnx 3 days ago

                                                                                          Which might reduce the value of existing homes 20%. Current homeowners (who are more likely to vote) really don't want their homes to decrease in value 20%.

                                                                                          • Robotbeat 3 days ago

                                                                                            Bingo. That is the problem.

                                                                                        • lurk2 3 days ago

                                                                                          The plain reading of “There ought to be more affordable housing,” is not “Society needs 100% taxation administered by a genocidal ministry of housing.”

                                                                                          > The West isn't ready for the conversation about what would be necessary to "provide" affordable housing.

                                                                                          The majority of the developed world (including the United States) has already built affordable housing developments. Austria and Japan both have extensive public housing projects.

                                                                                        • 7e 3 days ago

                                                                                          If you build all those houses, people will have a ton of babies, and you'll be back to square one within a generation: only with more pollution, more ugly, more traffic, more crowded parks, trails, and parking lots, and a less water and beauty. And lots more carbon in the air. This is how the planet is choked off: one house at a time. Habitat control is the only solution.

                                                                                        • blitzar 3 days ago

                                                                                          > To meet demand, there needed to be sufficient worker housing near shipyards, munitions plants and steel factories.

                                                                                          There was an era where the landed gentry were aware of this. There was an era where company owners were aware of this. There was an era where governments were aware of this.

                                                                                          Now it's bad for return on capital and/or socialism.

                                                                                          • Robotbeat 3 days ago

                                                                                            In fact, it’s the middle and upper class, whose largest asset is their home, who keep it illegal to build more housing.

                                                                                            • jebarker 3 days ago

                                                                                              Is it really the case that primary residence is the largest asset of most of the upper class? My impression is that many upper class people have far more money invested in stocks and businesses than in their house.

                                                                                              • disgruntledphd2 3 days ago

                                                                                                Basically, everyone bar the top 1-2% of wealthy people have most of their "wealth" in their home. It's not liquid though, and assuming you don't want to move (which most people don't) it doesn't actually benefit you as you'd need to spend the gains to get another place to live.

                                                                                                • jebarker 2 days ago

                                                                                                  I guess my question was really one of definitions. I assumed the upper class are a subset of the top 1-2%, but maybe they're in a league of their own?

                                                                                                  • disgruntledphd2 2 days ago

                                                                                                    Yeah, most of my information on this comes from Piketty's capital in the 21st century which is a very good read. Even if you dislike his politics, the dataset he and collaborators have built is very informative.

                                                                                                  • Robotbeat 2 days ago

                                                                                                    It benefits quite a bit as you can use its equity for retirement.

                                                                                                    • disgruntledphd2 2 days ago

                                                                                                      People tend to avoid that though, as they don't want to lose the relationships they've built up in that area.

                                                                                                  • Robotbeat 3 days ago

                                                                                                    For the vast majority of the upper middle class, it probably is. Think of all the millionaires in California who are millionaires because they bought their houses 40 years ago and managed to control the supply of housing since then.

                                                                                                • gruez 3 days ago

                                                                                                  >Now it's bad for return on capital and/or socialism.

                                                                                                  As fun as it might be to dunk on strawman republicans, those developments weren't exactly showered with praise from the left either. The same housing was being decried as being "company towns" or whatever.

                                                                                                  • galleywest200 3 days ago

                                                                                                    Company towns absolutely do still exist and are absolutely still built up.

                                                                                                    Company scrip is what a lot of people take issue with, I assume, as they should.

                                                                                                    • gruez 3 days ago

                                                                                                      >Company scrip is what a lot of people take issue with, I assume, as they should.

                                                                                                      No? People also complain how it limits your career prospects (because there aren't any competitors to jump ship to), or how the company ends up with outsized political influence.

                                                                                                  • hguyer6 3 days ago

                                                                                                    [flagged]

                                                                                                  • happyopossum 3 days ago

                                                                                                    Lots of breathless waxing about the ambition and scope of the project, so I was surprised that when I followed through to source material I found this:

                                                                                                    > 9,543 single and 3,996 semi-detached homes while 5,000 apartments

                                                                                                    So 18.5k homes of one kind or another over ~2 years. That’s, umm, nothing? Like seriously - the current rate of housing completions is over 2 orders of magnitude above that (it’s hovering just over 1.4M/yr right now).

                                                                                                    [0] https://www.census.gov/construction/nrc/current/index.html

                                                                                                    • Ferret7446 3 days ago

                                                                                                      Classic government inefficiency, I believe state housing projects have similarly low figures.

                                                                                                    • catigula 3 days ago

                                                                                                      I'm just confused as to why the US population needed to grow by almost 100 million since I was born without any sort of infrastructure undertaking to sustain that massive immigration. My local community is terrifically swollen with people and everything built for 1/3rd the population is now crumbling under that weight.

                                                                                                      • therealpygon 9 hours ago

                                                                                                        You believe the increase in population has been caused by “massive immigration”?

                                                                                                        We’ve had roughly 4 million births and 2 million deaths per year since 1980. That is roughly a difference of 90 million. Additionally, when people cite immigration numbers, they frequently leave out negating numbers; the amount of people who were here temporarily, the amount of people who were deported or left voluntarily, and those who are “repeat offenders” in terms of migration that are frequently counted multiple times. So while yes, the number of immigrants as a percentage of population has increased in that time, the entire population increase is not a direct result of the roughly 10-15% they account for, which also aligns with the roughly 10-15% of the population they account for. Also, if you go back further than just when you were born, the US had roughly 14% immigrant population since 1900. Racism (in the form of nationalism/anti-immigration/etc) and nationalist changes to immigration laws reduced that number to 3% in the 20s, which has been slowly returning to the same 14% level since the 70s.

                                                                                                        The US population growth has slowed overall since you were born, averaging a rate of 1% +/- 0.5% over that time and currently lower than when you were born. During that same time, our average infrastructure spending has grown from 300 to 600 billion a year; a 100% increase over that time compared to 1% growth in population per year.

                                                                                                        So, given all these facts, how do you reconcile your statements that we have added 100 million due to massive immigration with no increases in infrastructure, when the facts seem to directly refute your assertions?

                                                                                                        • ajross 3 days ago

                                                                                                          Most of suburban America wasn't built yet when you were born. I don't understand this point at all. You don't think sprawl counts as infrastructure? It may not be the housing you (or I) personally think should have been built, but it's absolutely housing. And it was built in great quantity at great cost, and even turned out to be great investments. And it came with schools and strip malls and freeway interchanges and substations to connect it all. Living in the modern US is paradise in almost all quantifiable ways.

                                                                                                          It's also, it needs be said, wasn't built to support (sigh[1]) "massive immigration". You can find a few H1B holders peppered around, but the sprawl is for the middle class, 100%.

                                                                                                          [1] Seriously, why must everything become a callout to right wing grievance politics these days?

                                                                                                          • catigula 3 days ago

                                                                                                            I think you trying to transmute this to polemic weakens the points you've attempted to make.

                                                                                                            Obviously we disagree but the point I feel most compelled to push back against is your assertion that "living in the modern US is paradise in almost all quantifiable ways".

                                                                                                            This is such a problematic statement that clearly labors heavily under the burden of its own premise. A crude metric is quite telling: suicide has trended upwards in the past 20 years. I presume if the data went back further the picture would be more stark.

                                                                                                            Living in a time with gizmos and gadgets and economic plenty that is weakly distributed and calling that "paradise" is very insulting to people's lived experiences and part of the reason I think the economic message of the politics you represent alienates average folks.

                                                                                                            Based on your posts it seems like you've been a wealthy developer for decades and likely have employed, or employ, cheap labor. Kind of feels like a rugpull, Ross.

                                                                                                            Personally, I've managed many teams with cheap foreign developers, I'm just straight about it.

                                                                                                            Also, when do you think I was born? You think the US hadn't been built in 1982? Absurd claims all around.

                                                                                                            • jpc0 3 days ago

                                                                                                              I think the situation is likely significantly more nuanced than either of your points of view allows.

                                                                                                              Suicide and basic needs being met is likely not highly correlated. On the other side suicide stats likely don’t include dependency related death, alcoholism can be a coping mechanism, if you didn’t commit suicide but instead murdered your liver and died early is that really a different statistic in your assessment?

                                                                                                              The only way you can measure is access to basic needs, housing, shelter, medical care, nutrition. A century ago those things were significantly lower for the average person vs now. Could the world be in a better situation? Very likely yes, but is could also be much worse.

                                                                                                              If you want to significantly change things then better, advocate for more social workers and to make sure the social welfare system works through them. They are in my experience very good at sussing out whether someone is a leech to society and is just looking for a handout of someone who is truly in need.

                                                                                                              Advocate for adequate housing, more suburbs doesn’t help low-middle class people, you need more dense housing close to infrastructure or workplaces.

                                                                                                              • catigula 3 days ago

                                                                                                                I respect your thoughts here because I think they come from a good place and that you want to help people.

                                                                                                                I just don't know how to express to you how philosophically naive I think the kind of utilitarian assertion you've made is.

                                                                                                                We can easily construct a thought experiment world that you and I would both agree is a living hellscape where all human needs were simultaneously being met. Most horror science fiction is predicated on those premises.

                                                                                                                • jpc0 3 days ago

                                                                                                                  I don’t disagree, the world is much much more nuanced than a black or white take can express.

                                                                                                                  I just think we don’t need to debate this, things are better than a century ago but they are still not great.

                                                                                                                  Quality of life isn’t solely based on basic needs alone, but for the vast majority of people those basic needs are now met when they weren’t before. That doesn’t mean we get to say, “That’s good enough let’s pack up” there’s still a lot of work to do.

                                                                                                                  • catigula 3 days ago

                                                                                                                    I think I probably disagree.

                                                                                                                    Fundamentally the question to me becomes "what is the meaning of life" and I don't actually think the answer is even "to be extremely comfortable".

                                                                                                                    This is my core disagreement with tech enthusiasts (specifically AI) people. It's just a naive way of understanding the human organism.

                                                                                                                    (You know, it occurs to me that most Americans aren't even extremely comfortable because they live in comfort with a massive amount of real or perceived precarity.)

                                                                                                                    • jpc0 3 days ago

                                                                                                                      I do want to see your point of view but I’m not seeing it clearly right now.

                                                                                                                      I can tell you my point of view is that we aren’t even sure what we should do. I know reasonably well how to solve the basic needs, in my experience that doesn’t mean you are going to be happy, I was the unhappiest in my life when I had the most I’ve had. Well maybe the second unhappiest, there was a point in my life I will never want to go back to, but I don’t think I will.

                                                                                                                      When everything was going well, I needed nothing, I was achieving all my life goals, I fought through the worst depression, I had to seek medical help.

                                                                                                              • sokoloff 3 days ago

                                                                                                                I looked for older suicide rate data and it doesn’t support what I think is your view above.

                                                                                                                At the turn of the previous century, suicide rates were markedly higher than today, even though today is worse than 20 years ago.

                                                                                                                https://jabberwocking.com/raw-data-us-suicide-rates-since-19...

                                                                                                                • catigula 3 days ago

                                                                                                                  I'm not sure what point you think is being made but your own chart shows suicide exploding during the exact timeline we're discussing.

                                                                                                                  It's probably not causative, as that would be quite silly, but economic plenty for extremely wealthy people caused by a massive influx of cheap labor is clearly not a net boon on this metric.

                                                                                                                  The US made its bones well before this insane population explosion we only very recently had.

                                                                                                                  (Yes, we've had large amounts of immigration before. We also built infrastructure and were vastly less developed).

                                                                                                                  • sokoloff 3 days ago

                                                                                                                    It shows it increasing after a notably low period. It’s increased back to a level similar to 1950, which are both dramatically lower than 1900-1940. What’s the “right” reference point? Was 2000 an anomaly while today’s rate is a mere reversion to the mean? Or a reversion to a measure which is still better than the 100-year mean?

                                                                                                                    • catigula 3 days ago

                                                                                                                      Putting aside my concerns about the integrity of the data, the clearly "correct" reference point is the one it takes to falsify the parent comment's claim: that this extremely brief period of gizmos, gadgets, economic plenty and mass immigration is somehow an unparalleled land of milk and honey. You could directly correlate our literal exact debate as negative evidence of his assertion.

                                                                                                                      • sokoloff 3 days ago

                                                                                                                        I assume then that you agree that the data I cited refutes your presumption here:

                                                                                                                        > A crude metric is quite telling: suicide has trended upwards in the past 20 years. I presume if the data went back further the picture would be more stark.

                                                                                                                        • catigula 3 days ago

                                                                                                                          No, not really.

                                                                                                                          1. The data going back 70 years, which is 50 years more than 20, show that suicide has sharply risen.

                                                                                                                          2. The integrity of data much older than that is substantially in question.

                                                                                                                          • sokoloff 3 days ago

                                                                                                                            Allow me to literally quote from the article I linked:

                                                                                                                            > After two decades of slowly rising, the US suicide rate has stabilized over the past few years. It is now at the same level as the 1950s.

                                                                                                                    • sdenton4 3 days ago

                                                                                                                      The y axis on the chart starts at 10, not zero... It shows a rise of perhaps 40% over the last twenty years. This looks to be similar to the range of total variation since 1950, though the trajectory of the curve is worrisome.

                                                                                                                      And yeah, the rates pre-1950 were much, much higher.

                                                                                                                      • catigula 3 days ago

                                                                                                                        I'm not interested in partisan political discussions. I don't agree that Trump or anyone else can, or is even attempting to address core problems, and also think falling for that premise is silly.

                                                                                                                • tzs 3 days ago

                                                                                                                  > Most of suburban America wasn't built yet when you were born.

                                                                                                                  That doesn't sound right.

                                                                                                                  They said that the US population has grown by almost 100 million since they were born. That would put their birth year around 1989.

                                                                                                                  Some searching suggests that in 1989 about 50% of the population lived in suburban areas. That would have been about 120 million people.

                                                                                                                  It is still about 50% which is 170 million people today. That suggests that around 70% of the suburbs were already built when they were born.

                                                                                                                  • ajross 3 days ago

                                                                                                                    > That doesn't sound right.

                                                                                                                    Which is usually how these arguments go.

                                                                                                                    Are there more or fewer homeless people in the US than in 1982? There are fewer. Is the number of people per household larger or smaller than in 1982? It is smaller. Is the average home larger or smaller than in 1982? It is larger (very significantly so). Do the math. We're building housing faster than population growth. QED.

                                                                                                                    And, overwhelmingly, we're building that housing in suburban sprawl, because that's where it's cheap to build housing.

                                                                                                                    Now, there are many arguments about whether this is good or bad or whether policies could be better or worse. And I think you'd find you agree with me on more than you don't.

                                                                                                                    But statements like the above that seem to take as a prior that "massive immigration" (sigh, again) is somehow creating an infrastructure crises are simply wrong. Period. Start with correct arguments, then tune. Don't yell about one because your priors tell you it "doesn't sound right".

                                                                                                                • hguyer6 3 days ago

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                                                                                                                  • seneca 3 days ago

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                                                                                                                • firesteelrain 3 days ago

                                                                                                                  This article seems to romanticize a time of long ago

                                                                                                                  Most of these developments were meant to be temporary wartime measures and were heavily discriminatory. Housing hasn’t been seen as a public good so that’s partially the reason why we don’t do more of these types of projects. Habitat for Humanity is one organization that builds similar public housing projects notably not on the best real estate. Our housing situation is deliberately chosen over the last 100 years. We could have continued down that path beyond WW1 but realize it was done for a specific purpose at a specific point in time because the government realized it needed to bootstrap a nation for war.

                                                                                                                  • churchill 3 days ago

                                                                                                                    The reason most Western countries won't see affordable housing, at least, not for a few decades, is simple: housing has been commoditized, and the average Western boomer is parking a huge chunk of their net worth in their home. House prices need to stay high to prop up their wealth, and given the electoral participation rate of the Western boomer, any politician whose policies reduces housing values will likely be rewarded (read: punished) by being voted out of office.

                                                                                                                    No amount of banging on and on about immigrants will change that.

                                                                                                                    So, like Cronus eating his kids, many countries around the world have chosen to sacrifice affordability for their kids in order to squeeze out a few more decades of good living.

                                                                                                                    It's just like the problem the US & its peers have with unfunded liabilities: a huge chunk of retirement savings in tied up the stock market, specifically, the SP500 that has a PE ratio of 30. Are you willing to bet that these companies will stay profitable at their current rate for 30y, without slipping?

                                                                                                                    It's a question without easy answers, because as the workforce reduces (low birth rates), there are fewer workers paying into Social Security and bidding stock markets to new heights. As a result, everyone withdrawing ends up with less cash and fewer goods.

                                                                                                                    • sitzkrieg 3 days ago

                                                                                                                      affordable housing will never happen again in the USA, thats pretty clear

                                                                                                                      • xqcgrek2 3 days ago

                                                                                                                        and it was a huge failure and continues to be an issue in other countries. Just look at the UK with its council housing situation.

                                                                                                                        • Ylpertnodi 3 days ago

                                                                                                                          >and it was a huge failure and continues to be an issue in other countries. Just look at the UK with its council housing situation.

                                                                                                                          What is/are the continuing issue/s? What uk council housing situation should we be looking for/at?

                                                                                                                        • create-username 3 days ago

                                                                                                                          Let me guess before clicking on the link: it was before the fall of the URSS.

                                                                                                                          Houses are suffering from being at the front of the interest of BlackRock and other almighty lobbies

                                                                                                                          • gruez 3 days ago

                                                                                                                            >Houses are suffering from being at the front of the interest of BlackRock and other almighty lobbies

                                                                                                                            Blackrock and "other almighty lobbies" (Chamber of Commerce?) are showing up to city council meetings to block housing from getting built?

                                                                                                                            • Robotbeat 3 days ago

                                                                                                                              Everyone wants to think it’s BlackRock instead of the reality that the reason housing shortages exist is to protect the retirement nest egg of Boomers, ie their house equity, by making it effectively illegal to build housing. Sorry to say it’s not a cartoon capitalist villain, but instead your neighbors trying to protect their (inflated) “home value”.

                                                                                                                            • brudgers 3 days ago

                                                                                                                              If you want market rate housing, you can rely on the market. By definition.

                                                                                                                              If you want below-market rate housing, you can't. By definition.

                                                                                                                              No change to zoning or interest rates changes that. The market simply has more potential upside when those things happen.

                                                                                                                              In the wake of the S&L crises, the Federal Government crafted a scheme to provide below market rate housing using the sale of Tax credits. The reduction of corporate tax rates and wider use of trans-national financial engineering has devalued the tax credits underpinning that scheme.

                                                                                                                              Meanwhile Hope VI, removed the majority of subsidized housing inventory at all levels over the last thirty years.

                                                                                                                              But if you really want to understand what you are up against, the 1/3 of income for housing criterion is the same rate that landlords required of share-croppers on 1/3 shares (those that provided their own family's food and mule, those that couldn't were on 1/2 shares).

                                                                                                                              People not being able to buy a house is reversion to the mean...or just people you know falling into the fat part of the graph alongside all the people who couldn't afford a house before.

                                                                                                                              • more_corn 3 days ago

                                                                                                                                The market rate goes up at an artificially inflated rate due to constraints on housing construction. If you want affordable housing you build more housing. It’s basic economics.

                                                                                                                                • brudgers 3 days ago

                                                                                                                                  The market rate goes up because higher prices are more profitable.

                                                                                                                                  Most real estate is not owned by willing sellers. And most real estate is not leveraged. Most real estate is a place to park wealth.

                                                                                                                                  And selling to wealth is a better business model than selling to poverty.