I am waiting for the Dems to start talking about targeting giant real estate conglomerates. One major reason that affordable rent is no longer affordable is because their buildings have been bought up and those companies who are jacking up rents precipitously, forcing state and federal governments to cough up more to cover the difference or to say they have to just find another place to live.
My town/ city in Massachusetts Greenfield, Massachusetts has town, Internet town broadband. It’s been around for about 10 years but hasn’t reached the whole community yet. The rates are half out of Comcast, but the problems reaching the rest of the community are complicated and involves the laws of the FEC etc. etc. the town does not own the telephone poles the utilities do and why would Comcast make it easy for their competitors to access the poles… Anyway, the company is GCET and the folks who have access to a pay half what they would pay Comcast with better service. We also are buying solar in bulk for community residence to tap into a reduced rate . We also have a lot of old mills around here, factories on rivers that are not no longer utilized and need cleaning up to be converted to housing . They might not be suitable for everyone, but they certainly could address a lot of needs.. The problem is small towns in the middle of nowhere. Do not have the capital to revamp old buildings in need of repair and updating….
and houses that are used for temporary rentals that are used for bnbs that are taking up even more affordable housing when they should be going to hotels. bnbs companies should be forced to make lists of these homes and the home owners need to be put in a different bracket of taxation on these auxillary houses they dont use themselves.
It is a concern but no where near the primary concern of there just not being enough homes in the in demand places. I think you are grossly overestimating the amount of supply that hedgefunds are keeping from the market, do you have a source about this?
@@kevley26 Kicking private equity firms out of home ownership would solve one part of the high-cost problem by removing some harmful demand in the home-buying market, but it wouldn't increase the supply.
**Five Cents for a Dream** Once upon a simpler time, A nickel held a grand design, Five cents for a cheeseburger's joy, In the hands of every girl and boy. Golden arches, fresh and new, Promised dreams in every view, A nickel for a taste so grand, Built upon a hopeful land. Years rolled on, the cost grew steep, Inflation's whisper, secrets deep, What once was cheap, now out of reach, A lesson in economy's speech. From nickel's worth to dollar's strain, We ponder growth, we measure gain, Yet in our hearts, a longing stays, For five cent dreams of yesterdays. Progress strides with cost in tow, A complex dance, a tale of woe, Yet hope remains in each exchange, The value of our dreams, unchanged. So here's to times of simple grace, When five cents bought a smiling face, May we recall, through all the change, The joy that every nickel gained.
Great convo! Dems do Seriously Need to step up on this. Housing prices r Out of Control!!! People have a right to b angry! I have a college educated professional job And I Still can not afford a house. Adding: as a Parent thank u for saying forced homeschool during g Covid was a sh*t show! Thank u!
He still didn't give an answer. It is literally impossible to stuff the country with ever more people who want to live the picket-fence lifestyle while still being near-ish to their work as much as anyone else and to also maintain the natural environment and the small-town feel of communities. It makes no sense to believe that people will willingly give up their lifestyle out of some strange solidarity just so that the shmucks working at the chicken feed factory can move out of their dormitory and also live in picket-fence house. It hasn't happened yet and it's not going to happen. Far better to figure out how to operate the chicken feed factory without cheap workers and not ever import the workers. Howling xenophobia against people who simply want to avoid living in a society where 40% of the population are lower paid migrant and gig workers doing the grunt work while living in dormitories, while the favored people ingrain development laws and structures that maintains their properties is insulting. The people hurling the accusation of xenophobia are running and benefiting from a modern plantation economy.
Ezra is correct that our current system privileges incumbents at the expense of newcomers. I agree that we need YIMBY policies, but we also need land value tax. If you own exclusive access to a piece of land, you should have to compensate society for the opportunity that you are monopolizing. LVT also rocks because it is the most economically efficient tax (it carries no deadweight loss, it cannot be passed from the landlord to the tenant), it can't be evaded, and it encourages productive land use while destroying any incentive for land speculation. If we replaced most or all of our other taxes with land value taxes, housing would instantly become significantly more affordable.
Dear Brian. I live in Makiki. I promise you that younger people are increasingly catching on to these facts regarding housing and others can be convinced with your continued vocal leadership. Your bold leadership got our schools finally reopened. People look up to you and listen to you. Keep taking on these annoying Manoa nimbies. They will change.
NYT sure avoids discussing corporatocracy. Corporations would commodify and buy up the air we breathe to make it scarce and unaffordable if they could. We need to make food, housing, and healthcare actually basic human rights, and keep them out of limits for corporate capitalism.
Democrat leadership in States with Republican governors don't stand in the way of good bills that would help the people. The Republican's leadership is all about obstruction. They are hurting us all.
Omg finally, yes please do whatever it takes to calm these homeowners down so that we can build a lot of very affordable permanent housing all over California, especially Los Angeles. There are a bunch of people living in apartments that should be able to afford a house and their presence is both hiking up rent prices and crowding out people like me that will never have any hope of owning a home. In fact I think this is the main reason people will say they don't think the economy is good, it's affordability. Bring down the cost of living for people, make just being alive and having somewhere to sleep, eat and cook your food less expensive and more people will say the economy is good.
I am not sure if it is homeowners or more cities & developers. When strip malls or corporate offices are torn down, are folks re-zoning to build new starter homes / townhouses or new rental units? Folks in RPV are criticizing dense apartment proposals due to reasonable congestion concerns because the county hasn’t and likely won’t run longterm transit up a quake and landslide prone hill. There is a need for a mix of housing spaces so arguing everything should be urban mixed use residential ignores the reality just as much as Vance insisting its immigrants stealing jobs and housing.
@@kharacon Which folks would be deciding on the rezoning and what are their incentives? For the most part the transit system is passable, lots of room for improvement but it's always worked to get me where I'm going. Some areas shouldn't have dense apartment structures and instead have relatively expensive homes, like the hill side areas. Non hillside areas need more affordable housing and there certainly is a NIMBY contingent that makes this an uncomfortable issue to address.
I don't troll. Living in Northeast part of the country, i keep reading the news about the ongoing wildfire in California. Doesn't it concern you? Or it isn't happening in your backyard.
I don't understand why you allowed him to ignore your suggestion that the locals who are near or even right next to the project, such as a homeless shelter, is basically killed financially and is only trying to survive this onslaught. Your guest is exactly what is wrong with this way of thinking. These people who invested in their neighborhood for decades, built Generational wealth through hard work, has it all taken away because of a project funded by their own taxes and given to the very population that needs it, but the price for the adjacent families is incredibly unfair and almost impossible to defend against. This is the issue. Come up with a solution that will allow the adjacent families to make a small financial sacrifice versus destroying them and their future generations then you would solve all NIMBY issues. But be like your guest and say, too bad for you and your future generations isn't going to win these battles.
Democratic leadership doesn't want to talk about the economy because if they do, they'll ultimately have to deal with who was calling the shots in the economy they're referring to.
Oh please, seriously? As if Trump and the GOP and the large corporations and billionaires that make up the swamp aren't part of the problem. Spare us. I'm no fan of corporate Democrats, but the only lawmakers that ever try to solve such issues as housing costs, etc are Democrats, certainly not Republicans.
Wall Street had something to do with it, but high property prices is explicit public policy in many local communities. Both parties appear to be sensitive to the interests of these communities. Also, the idea that Trump the real estate baron is going to address the affordability crisis is absurd. In practice, he's in favor of making it worse! If you go to your local government and vote for inflating your own property values, you don't have anything to say. You're in favor of the problem.
Luv your page, big fan of your wife. This article describes the basic conundrum of MMT. We have unlimited money, we have limited resouces and time. Here is a simple thought, the gov requires solar and ev recharging for all new construction, along with fiber. The gov then pays for the developer to desgn and install each. Than the gov provides low cost payments directly to home owners enabling them to purchase these energy efficient houses. The developer gets funded, the housing is affordable and the politician can take the credit. We save the planet. We can do the same for cars. The gov has an unlimited supply of money. The planet has only so much more time.
Super interesting and enjoyable listen. Just wondering further about the senators comment on the failure of remote education. I’d agree that the Public Education Systems roll out of remote education failed but public education is failing at much in the last decade. It’s been my experience that remote education has very much worked for my family. I’m a successful dental hygienist and acquired my four years of higher education in a remote setting for the last two of those years at a university satellite campus within a tech center. My child is finishing his high school education in a virtual education setting after some unfortunate circumstances in numerous traditional public school settings. I am very thankful to have a remote option that allows my child the opportunity to further his education in a setting that accommodates our needs very well, and does not harm us or hold us back in the way that a public school classroom often has, in our experience anyways. We do live in a state with one of the lowest rankings for public education. Maybe the senator wasn’t taking the position that all remote education is a failure, but definitely didn’t lend a positive take on the system, which has worked quite well for us. Just a thought.
I live like an hour outside of DC and we've been hearing about getting rural broadband for ever. Pretty much all the money was just scammed away and now it's tied up in a lawsuit. Nothing ever gets done.
Ahh yes the progressive position of deregulating housing. But what about any analysis of how class works in this situation? Or why the developers are seen as the bad guys? If you deregulate in the name of affordability, whose voice will be lost first? Who already doesn’t really have a voice despite these protections? The poor, and communities of color. Before these regulations- poor communities were just bulldozed in major cities. Whole black and brown neighborhoods were ripped up in the name of progress. When you deregulate they won’t suddenly start building these projects everywhere- they’ll build them where lever is the least political power- poor communities. Money distorts the rights we enjoy, and regulation in this instance is an imperfect attempt to bend things back to giving people a voice. If you actually want a cost effective solution the answer isn’t to give up on making housing equitable and adopt Reagan’s housing policy- it’s to establish a federal program to build housing directly.
What about all the small investors that own 5 rental properties or 5 AirBnbs? Rentals are inflationary because the owners tend to have to pay for labor to maintain them. If you own 5 houses, the banks will throw money at you to buy more. Families just starting out with just jobs and no assets have a hard time competing with that.
**The Tale of Inflation** In days of yore, a nickel gleamed, A cheeseburger's price, a simple dream, McDonald's beckoned, bold and bright, Five cents sufficed, delight in sight. Yet time, relentless, marches on, Inflation's dance, an ancient song, Prices rise, as values shift, A constant change, a subtle drift. That nickel once, so full of worth, Now tells a tale of altered earth, More dollars needed, cents decline, Inflation's mark on every line. Economies grow, demands increase, Money's worth begins to cease, As wages climb, and costs expand, Inflation spreads across the land. The power once in small amounts, Now dwindles in our bank accounts, What once was cheap, now costly fare, Inflation's whisper fills the air. Supply and demand, the balance fine, A delicate, unseen design, When more is needed, fewer gained, Inflation's truth becomes ingrained. So as we yearn for days gone by, Of nickels spent on dreams that fly, We learn to see the broader view, Inflation's tale, both old and new.
Education system can be part of compliance as well as teaching business. After all, it is work ethics that gets young people find successful lifestyles according to data collected by Duckworth on the topic of 'grits'.
What if we DON’T need more housing? Why no discussion of ZONING? Why is it impossible to rent a house for, say, 5 months? Why can’t I go to NYC and stay in a rooming house? Why is co-housing so incredibly rare, and how did it become a luxury only the rich can afford? Why don’t universities develop relationships with empty-nesters to rent spare bedrooms to students? When Ukrainians fled to Poland, the “people“ took them in, their government didn’t pay $300 a night to corporations to house them in “cheap” motels. What we have here is a failure of imagination, and the loss of faith in ourselves to be able to deal with problems as they arise.
My parents are so angry at inflation that they are going to vote Trump, my dad voted blue for decades btw real union supporter, when they both are retired with pensions with cost of living adjustments. Meaning they got a 7% bump one year and a 9% bump the next. They are also in the stock market that has climbed 82.25% in the past 5 years not to mention the appreciation on their house. They actually aren't behind due to inflation but they are furious they have to pay so much. This is weird as I am disabled and earn $20k a year, less than half what my parents get, and I'm fine with the inflation we got because it occured to keep us inside during the pandemic save old people's lives by the maybe millions. I'll pay more to have healthy parents (in their 70s now).
Build special homes for the firefighters, the police and teachers. These homes will be close to their work and they can stay there for free as long as they work there!
There are tax deductible funds that people can set up for the education of their children. Perhaps there should be similar funds that parents can set up for their children to buy a home.
Next, Ezra will highlight the roll that Wall Street and the 1% generally have played in creating the horrible housing crisis we are faced with. No, just kidding, he won't. Ezra, here is a quote from you that kind of says it all. Granted, it's been a few years since you wrote that, but I'm guessing you are on the same page with yourself on that today. Ezra… "But is inequality really the country’s most pressing problem? Imagine you were given a choice between reducing income inequality by 50 percent and reducing unemployment by 50 percent. Which would you choose?" A tad bit of a false dichotomy, right? Historic inequality doesn't move you Ezra? I mean, that's what we have in the US, and the housing crisis is just one resulting consequence, right?
You should propose an amendment to the federal laws regarding environmental impact statements. Some of the nonsense in there about aesthetics and what not is just totally stupid.
If you want housing to be more affordable. You need to increase supply of homes and mortgage providers. You can do that through deregulating homebuilding and bank accreditation.
Just as the republicans, the top democrats now only work for their own corporate interests. I voted blue all my life. I'm out. I'm sick of the division being sewn by this duopoly. I'm voting purple in November. RFK 💜
You're voting for Trump. So you are okay with the many alliances of RFK with Christian Nationalists like Michael Flynn, etc? Why do you want fascism in this country?
I mean I guess but in reality is letting some developers further enclose on nature in Hawaii going to lower housing prices? Especially since they’ll probably be immediately bought up by some rich Chinese people or something.
there is no point to listening to this beyond seven minutes and 52 seconds. After that point, he just launches into the same tired old Democrat, talking points about racism and xenophobia and all this other bullshit.
I am waiting for the Dems to start talking about targeting giant real estate conglomerates. One major reason that affordable rent is no longer affordable is because their buildings have been bought up and those companies who are jacking up rents precipitously, forcing state and federal governments to cough up more to cover the difference or to say they have to just find another place to live.
You might want to vote Republican then.
@@itsallminor6133😂😂😂
Exactly! Make laws stating that hedge funds like Blackrock cannot purchase private homes (to turn around and rent out at exorbitant rental rates).
steve shrwazman of Blackstone is a big GOP donor, and Jonah Gray also of Blackstone is a bug Dem donor. so it really is both
Look up Strong Towns. The way our regulations work make it really hard for small builders to get anywhere, and encourage conglomeration.
Really liked what this senator had to say. Keeping it real. Dems have some major work to do.
I think Scott Galloway put it well, "Once you buy a house, you become very concerned about local zoning meetings".
Just listened to your interview with Gov Walz and it was great.
Interesting point of view! How refreshing it is to hear about a flexible approach that doesn't have a political ax to grind.
My town/ city in Massachusetts Greenfield, Massachusetts has town, Internet town broadband. It’s been around for about 10 years but hasn’t reached the whole community yet. The rates are half out of Comcast, but the problems reaching the rest of the community are complicated and involves the laws of the FEC etc. etc. the town does not own the telephone poles the utilities do and why would Comcast make it easy for their competitors to access the poles…
Anyway, the company is GCET and the folks who have access to a pay half what they would pay Comcast with better service.
We also are buying solar in bulk for community residence to tap into a reduced rate .
We also have a lot of old mills around here, factories on rivers that are not no longer utilized and need cleaning up to be converted to housing . They might not be suitable for everyone, but they certainly could address a lot of needs.. The problem is small towns in the middle of nowhere. Do not have the capital to revamp old buildings in need of repair and updating….
Yes, all good ideas. But why no mention of hedge funds buying houses? Taxing multi house ownership would free up 30% of the market.
That's such a good point, that definitely needs to be addressed.
and houses that are used for temporary rentals that are used for bnbs that are taking up even more affordable housing when they should be going to hotels. bnbs companies should be forced to make lists of these homes and the home owners need to be put in a different bracket of taxation on these auxillary houses they dont use themselves.
That would be unsettling for the very wealthy. Can't have that.
It is a concern but no where near the primary concern of there just not being enough homes in the in demand places. I think you are grossly overestimating the amount of supply that hedgefunds are keeping from the market, do you have a source about this?
@@kevley26 Kicking private equity firms out of home ownership would solve one part of the high-cost problem by removing some harmful demand in the home-buying market, but it wouldn't increase the supply.
**Five Cents for a Dream**
Once upon a simpler time,
A nickel held a grand design,
Five cents for a cheeseburger's joy,
In the hands of every girl and boy.
Golden arches, fresh and new,
Promised dreams in every view,
A nickel for a taste so grand,
Built upon a hopeful land.
Years rolled on, the cost grew steep,
Inflation's whisper, secrets deep,
What once was cheap, now out of reach,
A lesson in economy's speech.
From nickel's worth to dollar's strain,
We ponder growth, we measure gain,
Yet in our hearts, a longing stays,
For five cent dreams of yesterdays.
Progress strides with cost in tow,
A complex dance, a tale of woe,
Yet hope remains in each exchange,
The value of our dreams, unchanged.
So here's to times of simple grace,
When five cents bought a smiling face,
May we recall, through all the change,
The joy that every nickel gained.
Ai
Great convo! Dems do Seriously Need to step up on this. Housing prices r Out of Control!!!
People have a right to b angry! I have a college educated professional job And I Still can not afford a house.
Adding: as a Parent thank u for saying forced homeschool during g Covid was a sh*t show! Thank u!
He still didn't give an answer. It is literally impossible to stuff the country with ever more people who want to live the picket-fence lifestyle while still being near-ish to their work as much as anyone else and to also maintain the natural environment and the small-town feel of communities. It makes no sense to believe that people will willingly give up their lifestyle out of some strange solidarity just so that the shmucks working at the chicken feed factory can move out of their dormitory and also live in picket-fence house. It hasn't happened yet and it's not going to happen. Far better to figure out how to operate the chicken feed factory without cheap workers and not ever import the workers.
Howling xenophobia against people who simply want to avoid living in a society where 40% of the population are lower paid migrant and gig workers doing the grunt work while living in dormitories, while the favored people ingrain development laws and structures that maintains their properties is insulting. The people hurling the accusation of xenophobia are running and benefiting from a modern plantation economy.
Ezra is correct that our current system privileges incumbents at the expense of newcomers. I agree that we need YIMBY policies, but we also need land value tax. If you own exclusive access to a piece of land, you should have to compensate society for the opportunity that you are monopolizing. LVT also rocks because it is the most economically efficient tax (it carries no deadweight loss, it cannot be passed from the landlord to the tenant), it can't be evaded, and it encourages productive land use while destroying any incentive for land speculation. If we replaced most or all of our other taxes with land value taxes, housing would instantly become significantly more affordable.
Dear Brian. I live in Makiki. I promise you that younger people are increasingly catching on to these facts regarding housing and others can be convinced with your continued vocal leadership.
Your bold leadership got our schools finally reopened. People look up to you and listen to you. Keep taking on these annoying Manoa nimbies. They will change.
Senator Schatz, what a cool guy
If you manage to find a actual right wing conservative. Vote them in
NYT sure avoids discussing corporatocracy. Corporations would commodify and buy up the air we breathe to make it scarce and unaffordable if they could.
We need to make food, housing, and healthcare actually basic human rights, and keep them out of limits for corporate capitalism.
Republican governors in democratic states are wildly popular because they get things done
Democrat leadership in States with Republican governors don't stand in the way of good bills that would help the people. The Republican's leadership is all about obstruction. They are hurting us all.
😂😂😂
Now that's very funny.
Omg finally, yes please do whatever it takes to calm these homeowners down so that we can build a lot of very affordable permanent housing all over California, especially Los Angeles. There are a bunch of people living in apartments that should be able to afford a house and their presence is both hiking up rent prices and crowding out people like me that will never have any hope of owning a home.
In fact I think this is the main reason people will say they don't think the economy is good, it's affordability. Bring down the cost of living for people, make just being alive and having somewhere to sleep, eat and cook your food less expensive and more people will say the economy is good.
Will there be an issue with deforestation with all that fire going on in California?
I am not sure if it is homeowners or more cities & developers. When strip malls or corporate offices are torn down, are folks re-zoning to build new starter homes / townhouses or new rental units?
Folks in RPV are criticizing dense apartment proposals due to reasonable congestion concerns because the county hasn’t and likely won’t run longterm transit up a quake and landslide prone hill.
There is a need for a mix of housing spaces so arguing everything should be urban mixed use residential ignores the reality just as much as Vance insisting its immigrants stealing jobs and housing.
@@joanyoon4672 Is that some kind of trolling or a real question? I haven't kept track of where the fires are happening.
@@kharacon Which folks would be deciding on the rezoning and what are their incentives?
For the most part the transit system is passable, lots of room for improvement but it's always worked to get me where I'm going. Some areas shouldn't have dense apartment structures and instead have relatively expensive homes, like the hill side areas. Non hillside areas need more affordable housing and there certainly is a NIMBY contingent that makes this an uncomfortable issue to address.
I don't troll. Living in Northeast part of the country, i keep reading the news about the ongoing wildfire in California. Doesn't it concern you? Or it isn't happening in your backyard.
I don't understand why you allowed him to ignore your suggestion that the locals who are near or even right next to the project, such as a homeless shelter, is basically killed financially and is only trying to survive this onslaught. Your guest is exactly what is wrong with this way of thinking. These people who invested in their neighborhood for decades, built Generational wealth through hard work, has it all taken away because of a project funded by their own taxes and given to the very population that needs it, but the price for the adjacent families is incredibly unfair and almost impossible to defend against. This is the issue. Come up with a solution that will allow the adjacent families to make a small financial sacrifice versus destroying them and their future generations then you would solve all NIMBY issues. But be like your guest and say, too bad for you and your future generations isn't going to win these battles.
Haha, I listen to NYT every day and didn't expect to see my senator here.
Democratic leadership doesn't want to talk about the economy because if they do, they'll ultimately have to deal with who was calling the shots in the economy they're referring to.
Oh please, seriously? As if Trump and the GOP and the large corporations and billionaires that make up the swamp aren't part of the problem. Spare us.
I'm no fan of corporate Democrats, but the only lawmakers that ever try to solve such issues as housing costs, etc are Democrats, certainly not Republicans.
Wall Street had something to do with it, but high property prices is explicit public policy in many local communities.
Both parties appear to be sensitive to the interests of these communities.
Also, the idea that Trump the real estate baron is going to address the affordability crisis is absurd. In practice, he's in favor of making it worse!
If you go to your local government and vote for inflating your own property values, you don't have anything to say.
You're in favor of the problem.
Luv your page, big fan of your wife. This article describes the basic conundrum of MMT. We have unlimited money, we have limited resouces and time. Here is a simple thought, the gov requires solar and ev recharging for all new construction, along with fiber. The gov then pays for the developer to desgn and install each. Than the gov provides low cost payments directly to home owners enabling them to purchase these energy efficient houses. The developer gets funded, the housing is affordable and the politician can take the credit. We save the planet. We can do the same for cars. The gov has an unlimited supply of money. The planet has only so much more time.
Super interesting and enjoyable listen. Just wondering further about the senators comment on the failure of remote education. I’d agree that the Public Education Systems roll out of remote education failed but public education is failing at much in the last decade. It’s been my experience that remote education has very much worked for my family. I’m a successful dental hygienist and acquired my four years of higher education in a remote setting for the last two of those years at a university satellite campus within a tech center. My child is finishing his high school education in a virtual education setting after some unfortunate circumstances in numerous traditional public school settings. I am very thankful to have a remote option that allows my child the opportunity to further his education in a setting that accommodates our needs very well, and does not harm us or hold us back in the way that a public school classroom often has, in our experience anyways. We do live in a state with one of the lowest rankings for public education. Maybe the senator wasn’t taking the position that all remote education is a failure, but definitely didn’t lend a positive take on the system, which has worked quite well for us. Just a thought.
I live like an hour outside of DC and we've been hearing about getting rural broadband for ever. Pretty much all the money was just scammed away and now it's tied up in a lawsuit. Nothing ever gets done.
Ahh yes the progressive position of deregulating housing.
But what about any analysis of how class works in this situation? Or why the developers are seen as the bad guys?
If you deregulate in the name of affordability, whose voice will be lost first? Who already doesn’t really have a voice despite these protections? The poor, and communities of color.
Before these regulations- poor communities were just bulldozed in major cities. Whole black and brown neighborhoods were ripped up in the name of progress. When you deregulate they won’t suddenly start building these projects everywhere- they’ll build them where lever is the least political power- poor communities.
Money distorts the rights we enjoy, and regulation in this instance is an imperfect attempt to bend things back to giving people a voice.
If you actually want a cost effective solution the answer isn’t to give up on making housing equitable and adopt Reagan’s housing policy- it’s to establish a federal program to build housing directly.
On the Covid checks - I desperately needed those.
What about all the small investors that own 5 rental properties or 5 AirBnbs? Rentals are inflationary because the owners tend to have to pay for labor to maintain them. If you own 5 houses, the banks will throw money at you to buy more. Families just starting out with just jobs and no assets have a hard time competing with that.
Dude, vote yes on swimming requirement. That’s a life saving skill. Teach em cpr too.
**The Tale of Inflation**
In days of yore, a nickel gleamed,
A cheeseburger's price, a simple dream,
McDonald's beckoned, bold and bright,
Five cents sufficed, delight in sight.
Yet time, relentless, marches on,
Inflation's dance, an ancient song,
Prices rise, as values shift,
A constant change, a subtle drift.
That nickel once, so full of worth,
Now tells a tale of altered earth,
More dollars needed, cents decline,
Inflation's mark on every line.
Economies grow, demands increase,
Money's worth begins to cease,
As wages climb, and costs expand,
Inflation spreads across the land.
The power once in small amounts,
Now dwindles in our bank accounts,
What once was cheap, now costly fare,
Inflation's whisper fills the air.
Supply and demand, the balance fine,
A delicate, unseen design,
When more is needed, fewer gained,
Inflation's truth becomes ingrained.
So as we yearn for days gone by,
Of nickels spent on dreams that fly,
We learn to see the broader view,
Inflation's tale, both old and new.
Ai
Education system can be part of compliance as well as teaching business. After all, it is work ethics that gets young people find successful lifestyles according to data collected by Duckworth on the topic of 'grits'.
What if we DON’T need more housing? Why no discussion of ZONING? Why is it impossible to rent a house for, say, 5 months? Why can’t I go to NYC and stay in a rooming house? Why is co-housing so incredibly rare, and how did it become a luxury only the rich can afford? Why don’t universities develop relationships with empty-nesters to rent spare bedrooms to students? When Ukrainians fled to Poland, the “people“ took them in, their government didn’t pay $300 a night to corporations to house them in “cheap” motels. What we have here is a failure of imagination, and the loss of faith in ourselves to be able to deal with problems as they arise.
But in your opinion there is no problem with Blackstone for instance, right?
Build up! Building up will conserve land for the animals and also allow for solar panel green energy sustainability!
Win win! Be smart not greedy!
My parents are so angry at inflation that they are going to vote Trump, my dad voted blue for decades btw real union supporter, when they both are retired with pensions with cost of living adjustments. Meaning they got a 7% bump one year and a 9% bump the next. They are also in the stock market that has climbed 82.25% in the past 5 years not to mention the appreciation on their house. They actually aren't behind due to inflation but they are furious they have to pay so much.
This is weird as I am disabled and earn $20k a year, less than half what my parents get, and I'm fine with the inflation we got because it occured to keep us inside during the pandemic save old people's lives by the maybe millions. I'll pay more to have healthy parents (in their 70s now).
Build special homes for the firefighters, the police and teachers.
These homes will be close to their work and they can stay there for free as long as they work there!
Or just build a lot of homes for everyone.
rents and house prices are going up without a rise in minimum wage
There are tax deductible funds that people can set up for the education of their children. Perhaps there should be similar funds that parents can set up for their children to buy a home.
Next, Ezra will highlight the roll that Wall Street and the 1% generally have played in creating the horrible housing crisis we are faced with.
No, just kidding, he won't.
Ezra, here is a quote from you that kind of says it all. Granted, it's been a few years since you wrote that, but I'm guessing you are on the same page with yourself on that today.
Ezra…
"But is inequality really the country’s most pressing problem? Imagine you were given a choice between reducing income inequality by 50 percent and reducing unemployment by 50 percent. Which would you choose?"
A tad bit of a false dichotomy, right?
Historic inequality doesn't move you Ezra? I mean, that's what we have in the US, and the housing crisis is just one resulting consequence, right?
Expensive housing not enough housing. Be real!
You should propose an amendment to the federal laws regarding environmental impact statements. Some of the nonsense in there about aesthetics and what not is just totally stupid.
Klein and Walz here explaining why government is corrupt without admitting it is hilarious to hear. Live in ignorance sweet princes.
If you want housing to be more affordable. You need to increase supply of homes and mortgage providers. You can do that through deregulating homebuilding and bank accreditation.
Just as the republicans, the top democrats now only work for their own corporate interests. I voted blue all my life. I'm out. I'm sick of the division being sewn by this duopoly. I'm voting purple in November.
RFK 💜
You're voting for Trump. So you are okay with the many alliances of RFK with Christian Nationalists like Michael Flynn, etc? Why do you want fascism in this country?
RFK changed allegiances, he supports Trump now.
I mean I guess but in reality is letting some developers further enclose on nature in Hawaii going to lower housing prices? Especially since they’ll probably be immediately bought up by some rich Chinese people or something.
You're right, nothing should ever be built anywhere.
Pass laws to ban foreign purchases and give locals first priority maybe thatll work.
there is no point to listening to this beyond seven minutes and 52 seconds. After that point, he just launches into the same tired old Democrat, talking points about racism and xenophobia and all this other bullshit.