It's practically impossible for US society to get out of treating housing as an investment. Americans believe in home ownership as evidence of prudence (hard work + savings), acumen (housing always goes up so it's smart to buy a house!), and sense of security and achievement. These ideas aren't going to change any time soon. That's the ideological component. Home-owners also protect their investments because they're a very large group (including practically every politician) and constitute the donor class.
It's currently hard to take small steps toward stabilizing housing prices and reducing homelessness. Housing is easy to talk about, just like inequality. But it's hard to see evidence of much political will to solve these problems.
It will take a lot more housing inaccessibility, especially if it hits the currently affluent class.
It's currently hard to take small steps toward stabilizing housing prices and reducing homelessness. Housing is easy to talk about, just like inequality. But it's hard to see evidence of much political will to solve these problems.
It will take a lot more housing inaccessibility, especially if it hits the currently affluent class.