If large landlords (like the company that bragged about owning 80,000 units) are colluding amongst themselves, then won't property owners not directly colluding also raise prices?
How do you provide relief to all those renters?
I know in SF some of the bigger companies weren’t allowed to buy any more big buildings but they would facilitate sales for other building and perform property management, which obviously means they control the price for a broader population of apartments than they own.
https://www.ftc.gov/advice-guidance/competition-guidance/gui...
The article spells it out pretty clearly.
> Prices are coming down in markets such as Atlanta and Austin, Texas, where home construction is high. But analysts believe low rates of homebuilding on the U.S. East Coast could give well-located landlords more pricing power.
Nationalize (rental) housing or make it so no corporation can own housing. Co-ops where renters are actually owners for large scale buildings. More single family housing.
Riots.
I mean.. there are lots of ways
Ideas labeled as crazy or even violent have sprung up over history when people are pushed to breaking points.
Capitalism’s formula for infinite expansion will eventually break people.
How things like housing, healthcare, education, food are allowed to profit boggles my mind and is deplorable.
Capitalism yada yada - people need resources in order to get homes, people will only construct homes if they get resources in exchange. These are just facts of the world - it sucks that building costs, but it does.
Profit is stolen wage or stolen housing.
When profit is allowed for things that make people safe, housed, healthy, fed, or educated, those profiting are, imho, committing crimes against humanity.
Is it really capitalism when local governments and NIMBYies prevent housing?
In truth, communism has broken housing in the US.
There has never been communism. Especially in the US.
Stop pretending people owning homes is impossible and only for corporations - it only makes you seem like the simp for profit piece of trash you are.
People don’t prevent housing. Capitalism does.
Right now, only "luxury" housing developers are building new housing in high demand areas, so this is a recipe for curbing new development.
> Co-ops where renters are actually owners for large scale buildings.
Co-ops are cheaper monetarily, but you instead "pay" with you're inconvenience or conformity, which sometimes can include your skin color. Good luck proving that though.
> More single family housing.
That works, but there isn't any room to build any more in the most expensive housing markets
> Riots
Are also a great way to discourage new housing development and destroy the existing supply
* safest for the humans needing homes which is the only pov that should be considered.