You might say housing, but I don't think I've heard anyone call for the "redistribution of housing", because that doesn't really make sense. Progressives generally call for universal housing, and redistribution of wealth to achieve that goal.
You might say housing, but I don't think I've heard anyone call for the "redistribution of housing", because that doesn't really make sense. Progressives generally call for universal housing, and redistribution of wealth to achieve that goal.
The general point here is: what good is a right to X during a shortage of X? As in "what good is a right to food during a famine?"
Healthcare is an example of something we have a shortage of, especially during the pandemic. Are there progressives calling for redistribution of healthcare? I don't think universal healthcare implies redistribution, I think it implies more healthcare that costs less.
We have a shortage of physicians today. The primary bottleneck in producing new licensed physicians is a lack of federal funding for residency program slots. Congress could increase funding for that immediately if they wanted to.
Market demand for healthcare services is essentially infinite. Regardless of the funding model there will always be some type of rationing. Some patients won't get everything that would benefit t them.
"Medicare for All" is a convenient shorthand, it doesn't literally mean "just let everyone sign up for Medicare and change nothing else".
> Market demand for healthcare services is essentially infinite.
This is kind of an insane claim to me, can you back that up somehow?
Sick people generally want the best possible treatment with extensive personal care by expert providers. Obviously it's not feasible to give that level of service to everyone.
I think the latter is a much worse situation, and it’s the status quo. I agree that increasing supply is necessary to solve both aspects of the problem. But keeping people alive should be the most important priority of any health care system, not keeping wait-times short for non-critical procedures.
https://www.commonwealthfund.org/publications/podcast/2018/o...
According to the Bowery Mission [2], in the same time period there were 80,000 homeless people in NYC. So just in Manhattan, there were enough vacant homes for every homeless person in all five boroughs to get their own — with over 15,000 to spare!
[1] https://www.census.gov/library/visualizations/interactive/20... (change state to New York, click "Housing Unit Vacancy Rate" and then click Manhattan on the map)
A janitors closet in NYC stops being a place you want to live when you have to be locked down in it
If you are referring to tenants possibly being lower socioeconomic status than the previous owner.. that isn't redistribution. If anything its the opposite, since now the property owner is probably a corporation
That seems like a particularly cogent example of the Free Market/Capitalism/Invisible Hand at work, at least to me.
The curious thing, again, it seems to me, is the idea that other people who don't have an ownership interest in the "properties purchased" should have a veto in what the purchaser can do with said properties is presented as the Free Market/Capitalism/Invisible Hand just doing its thing.
If the new zoning regulations prohibited building single family housing, well that would be (again, it seems to me) bad too. Do they?
Where the quote goes wrong I think is bringing up progressives as if they're at fault for the current lack of abundance. The situation in the article is one where our attempts to create a massive economic surplus through global free trade have backfired. (Global free trade being a conservative/neoliberal plan where an abundance agenda is pursued by capitalistic methods.) This situation is a reminder that in capitalism, we optimize for profit, and optimizing for profit generally means having very little wiggle room for disruptions to a system. Making sure an abundance is available even during times of disruption is something that likely requires government intervention, not a lack of it.
It does sound a bit circular though - if developers are unwilling to build new housing if they're forced to make some of it affordable, why would they ever build any affordable housing at all if left alone by the government? I guess it depends on the details of the specific policy, so maybe too big a discussion for this thread.
One big caveat here is it requires people to actually live in the housing. If real estate is being bought and sat on as a speculation tool (or used as something like an air B&B instead of a rental), it won't actually meet the demand for habitation. As such, some sort of regulation is needed to ensure that housing is actually either lived in or rented out.
Second issue is that, of course, NIMBYism is at least as big a threat if not more as price regulation. If things aren't allowed to be built due to local authorization either being impossible or the approval process taking ages to complete, requiring affordable housing be included is the least of your worries. Getting into the many flavors of NIMBY would indeed be too big a topic for this thread, but the overall effect on housing creation is definitely awful.
Edit: As a note, there is a massive incentive for those who currently own property to not want housing to be affordable. Lack of supply drives the prices way up, and the people who have seen the worth of their housing double in the last decade don't want prices to go back down to a reasonable level. Since homeowners generally make up a sizeable portion of voters in a given area...it's not too surprising that people constantly vote in ways that make building harder, no matter how hard that makes life for the next generation.
How much does government regulation itself play in increasing the price of building a home to begin with? Some estimate 20-25%. Obviously we need some rules, regulations and standards, but I think we're also causing some of this issue and not factoring it in.
https://www.constructiondive.com/news/nahb-regulatory-costs-...
https://www.forbes.com/sites/scottbeyer/2016/09/30/the-verdi...
https://www.seattletimes.com/business/uw-study-rules-add-200...
There’s a fair amount of research on this, here’s one paper if you’re interested in learning more: https://www.huduser.gov/portal/periodicals/cityscpe/vol23num...
Good luck to any politician that goes up against that!
To be clear, I'm sure you can find some random Twitter user who thinks we should eat the rich and then give their homes to the homeless, but I'm thinking about progressive politicians and writers and people significant to the movement.
The first step is kicking out existing residents, and the second step is buulding, and the the third step is bringing in new, richer residents.