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Joined 1 year ago
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Cake day: July 27th, 2023

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  • That’s not what we were talking about here. We were talking about building enough housing to be able to guarantee it for everyone. That’s not rent control, that’s just investing in our housing supply.

    The topic of this conversation follows from your statement:

    Which is bad for landlords (including the ones that work in legislation)

    i.e. landowners and people in power hold sway over the decision making process and are keeping us away from legislation that houses people. Unless I misread you. That’s why I brought up another example.

    Rent control doesn’t work, the economists are correct (Who woulda thunk it, but studying the way prices are determined is a valid field of academic study). Or rather it does work for some people but makes life harder for others, and isn’t nearly as good of an approach as people think.

    You clearly did not read the link, the person who wrote it is a PhD economist. Also, using one solution as a way to fix housing is naive, when we could (and should be, it’s horribly unaffordable for average people in urban areas, where most people in western countries live, already) be using many, including rent control.




  • The oil industry is on its death bed so I’m not against what you’re saying, but we’re currently subsidizing the green energy sector (a good thing) with nothing in return (a bad thing).

    We should look to how Norway avoided Dutch Disease and taxed the hell out of private oil extraction. They subsidise the discovery (the risky part) and then slap a very heavy tax on the oil those companies then extract and sell, all the while having a national oil company they have to compete with it (crucial to keep oil expertise within the government).

    Norway already taxes private wind energy and hydropower, because they know the oil industry will be dethroned by the green energy industry soon and don’t want to simply subsidize their profits. Norway also owns wind energy both domestically and in other countries (hilariously, they own more UK wind energy than the UK government itself does), and massive amounts of their domestic hydropower.


  • “Crazy expensive” doesn’t really matter when you’re a government and can borrow or print to make investments that have investment returns in the form of efficiency gains that go on to improve the economy, much like what corporations do to grow (borrow, reinvest profits gained from growth). There isn’t really any good macroeconomic evidence that inflation is to blame because of said funding strategies, as explained by PhD Joeri Schasfoort in multiple of his videos[1], much to the behest right wing populist politicians who lie about not being able to invest in infrastructure. In the UK, Rishi Sunak is cancelling our HS2 railway falsely citing costs and even sabotaging it by sidestepping the democratically elected House of Commons by selling off gov. owned land so that the incoming Labour government will have a hard time un-cancelling HS2 - even our old conservative Brexit-causing PM David Cameron is criticising it publicly (ex-PMs rarely criticise their own party’s contemporary government).

    [1] https://www.youtube.com/@MoneyMacro/videos