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Joined 1 year ago
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Cake day: August 23rd, 2023

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  • Yes.

    But it’s a blurred lines between having to do something or being pressured or heavily encouraged to do something (otherwise you are left out of an important social system).

    I’m totally agreeing with you, just adding that sometimes infrastructure matters (as it gives little choice to population) & can be especially bad if there is a single entity behind it with it’s own agenda not aligned with users interests (eg for profit companies, or in this case I guess geopolitical stuff too).








  • Indeed, yes. There are actually a lot of such cases in EU (state sponsors directly or indirectly housing projects a few 100 units at a time), even if it’s “just” a case of better priced (still market priced, but not that extremely “for profit” driven) offerings, people either get to buy or at least to live in contemporary housing of some stature/location (bcs commute is a killer in every non-economical sense). This builds local communities, art, places to live/visit/enjoy, and facilitates families/family needs.

    It also helps to stabilize the market & gives a chance for normal people to (somewhat) catch-up up to the market they helped to built/their labor built.








  • Oh, yeah, politicians working for themselves, that’s the exact same reason why taxes on rent are usually kinda low/treated specially.

    Yes, really long loans are predatory or if you want to look at it from a different perspective, a result of a non-functioning system. Financial obligations tax mental health, trap people, make enormous cumulated profits on capital without any work & negligible risk.

    Central banks restrict max durations on mortgages/loans as is (also like what clients minimal disposable income after loan payments must be each month, age, max ratio of loan to property value, etc). And yes, if nothing else changes, that is bad for young people trying to buy a house, start a family, central banks acknowledge that, but their job is monetary policy/stability, not social policies - the government is the one not doing their job.