Put a hard stop to the purchasing of homes by corporations/businesses and people with no intention of living in them.
You should need proof of intention to live in the home within a reasonable amount of time after the purchase in order to make the sale. The flipping of homes for profit by those with cash and more money is a detriment to the market and the american dream for the rest of the population trying to get a foothold.
You’re essentially talking about decommodification of housing, which is the only correct answer. It is necessarily impossible for a house to be both affordable and a good investment, and the current status quo means that housing will be used as an investment. Whatever mechanism used to fix the housing affordability problem will require that housing no longer be subject to commodity market forces.
First step is seizing the ones they already bought, at gunpoint if they resist
As for "the market and the american dream", lol. lmao, even
Death to America
How about expropriation of these homes instead of just a half assed "can we put a pause on capitalism guys?" You realize what the problem is. No more half measures, Walter
its maddening there are plenty of homes out there completely empty
If I had to move to my current area now, my rent would be around 50% of my income, and that's with a job that used to be able to support the whole nuclear family bullshit as little as 20 years ago. I'm like $2k below median family income by myself.
Researchers examined the median home prices last year for roughly 575 U.S. counties and found that home prices in 99% of those areas are beyond the reach of the average income earner, who makes $71,214 a year, according to ATTOM.
This sounds like they compared the national mean income to local median home prices which honestly probably makes 99% too generous, it's probably closer to 100% unless the article is explaining what they did poorly.
The lowest cost of living areas are going to be the ones where these houses are most affordable but they're also lower income areas normally and a normal person isn't pulling 71k a year in middle of nowhere Tennessee or whatever.
Well yeah, the average American is broke. And the average house is expensive. Give me whatever funding this study receives because this shit didn't need one.
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Wow, I just bought a house three months ago, I guess I’m part of the 1%. #feelsweird
comrades the .world comments are such libshit lol, count your lucky stars you can't see them
Oh I've a solution for this the average American can all go and try to buy home in that 1% are so it also becomes unaffordable. Problem solved.
