Fabio Manganiello on Nostr: npub1qag4a…p9gyn Yes, that's definitely a solution. But making cities like ...
npub1qag4apwpga64u32qkph92cetzfswcwgglcjg2txha3puzmgxwuws5p9gyn (npub1qag…9gyn) Yes, that's definitely a solution. But making cities like Amsterdam more affordable again will also help.
My city used to have a lot of social housing earlier, and buying a house was affordable by almost anyone with an average salary up to a decade ago.
If only the super-wealthy can afford a house here now (and even I couldn't afford my own house if I had to buy it today) it's mostly because we've let private corporations buy apartments in huge lots (plus lots of Airbnb/short-stay speculation up to a couple of years ago). That drastically reduced supply just while demand was ramping up, and corporate speculation means that most of those who owned a house actually had interests in pushing prices up.
For the first time since I've moved here homelessness has become such a big issue that even long-time local residents have been pushed out of their own houses, and a whole generation has been pushed out of home ownership.
My city used to have a lot of social housing earlier, and buying a house was affordable by almost anyone with an average salary up to a decade ago.
If only the super-wealthy can afford a house here now (and even I couldn't afford my own house if I had to buy it today) it's mostly because we've let private corporations buy apartments in huge lots (plus lots of Airbnb/short-stay speculation up to a couple of years ago). That drastically reduced supply just while demand was ramping up, and corporate speculation means that most of those who owned a house actually had interests in pushing prices up.
For the first time since I've moved here homelessness has become such a big issue that even long-time local residents have been pushed out of their own houses, and a whole generation has been pushed out of home ownership.