Comment Comment by bruce511 The essence of capitalism is that capital can be used to produce income. Rent, and specifically residential property rent are a tiny fraction of that.Why it's possible to highlight the negative effects of capitalism in general, I feel like that's a "boil the ocean" problem.The root of the housing issue is supply. It doesn't matter who owns the accommodation - there's a shortage of it - and that's driving prices up.I more useful strategy IMO is to look at policies that would encourage all levels (private and govt) to develop more housing and increase the supply. parent bruce511 3 years ago
Why it's possible to highlight the negative effects of capitalism in general, I feel like that's a "boil the ocean" problem.
The root of the housing issue is supply. It doesn't matter who owns the accommodation - there's a shortage of it - and that's driving prices up.
I more useful strategy IMO is to look at policies that would encourage all levels (private and govt) to develop more housing and increase the supply.