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Frqy3 | 6 years ago

This should be solved using public sector housing. Which you can think of as similar to rent control as discussed in the article, except the subsidy is made visible and direct through the tax payer funding, rather than through being obscured.

This also gives better public control of who receives the subsidised housing, usually a combination of needs assessment to qualify and then a queue system.

The important thing we have learned from the 70s/80s (different timing in different countries) is to spread the public housing throughout the community, rather than concentrate it into a single location. That is, rather than have a large apartment building that is purely public housing, have a requirement that a certain percentage of properties of every new development will be made available as government subsidised public housing.

discuss

order

Kiro|6 years ago

Sounds fair but is rent control really a subsidy? The state is not paying anything, while public sector housing would be an expense.