this post was submitted on 22 Aug 2024
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[–] AbsoluteChicagoDog@lemm.ee 7 points 2 months ago* (last edited 2 months ago) (2 children)

How exactly will building more housing stop corporations from buying up property, stop Airbnb and the like from driving rent up, and break up landlords?

I'll bet $1000 that 5 years from now my rent will be the same or higher. This will not actually solve the problem.

[–] Pandemanium@lemm.ee 17 points 2 months ago

A lot of cities have started regulating (or even outright banning) Airbnbs. Get your neighbors on board and start a dialogue with your city council members.

There's not a lot you can do about corporations, but you can encourage other owners not to sell to shell companies.

[–] Armok_the_bunny@lemmy.world 7 points 2 months ago (1 children)

So just because this one thing won't solve the problem on its own we shouldn't do it. More housing, and especially more affordable housing will help by virtue of creating more supply, and the alternative is building less new housing which has the exact same problem as what you bring up with building more. On top of that corporations and landlords and Airbnb "investors" don't purchase all the housing that is available right now, so even if the rate at which that occurred stayed the same in absolute terms this would mean a lot more housing becoming available to actual residents.

[–] AbsoluteChicagoDog@lemm.ee 1 points 2 months ago (1 children)

So just because this one thing won’t solve the problem on its own we shouldn’t do it

Just to be clear, you agree that more buildings won't solve the problems they're saying it will here, right?

[–] Armok_the_bunny@lemmy.world 5 points 2 months ago (1 children)

I agree that doing this and nothing else isn't enough, but it will help and there isn't any other one thing that would solve the problem either. Problems like this require a wide array of answers each of which only help a little but taken together are the solution.

[–] AbsoluteChicagoDog@lemm.ee -2 points 2 months ago* (last edited 2 months ago)

Then we're saying the same thing. There's no reason to get excited about such a small step that won't fix the cost of housing crisis.

Once she releases her comprehensive plan that breaks up corporate landlords, promotes housing coops and tenant unions, and outlaws Airbnb I'll be excited.