Re:What San Francisco Says About America
by xg15 on Monday September 19, 2016 @04:22PM
(#12534383)
Vienna has failed to create global industries that attract value creators from around the world and other kinds of firms.
If they did, there would be people getting wealthy on a global scale, 'screwing up the housing market', and there's little that could be done about it.
- "If you follow development strategy X, housing prices cannot be controlled. Therefore housing prices can never be controlled!"
- Vienna chooses another development strategy that avoids the problem
- "No! They're not supposed to do that! Bad!"
Again - it's better just to have basic regulations and smart developers, those people would be living in privately owned homes just a little further from city centre.
You mean like in Germany where lots of former public housing has been sold to private conglomerates - which have increased rents and cut back maintenance to a minimum?
- "If you follow development strategy X, housing prices cannot be controlled. Therefore housing prices can never be controlled!"
- Vienna chooses another development strategy that avoids the problem
- "No! They're not supposed to do that! Bad!"
Again - it's better just to have basic regulations and smart developers, those people would be living in privately owned homes just a little further from city centre.
You mean like in Germany where lots of former public housing has been sold to private conglomerates - which have increased rents and cut back maintenance to a minimum?