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Re:The Real Cost of the 2008 Financial Crisis by paulddraper on Tuesday September 11, 2018 @11:32AM (#17960625)
What is the easier, little-bit socialist solution to home ownership?
Re:The Real Cost of the 2008 Financial Crisis by stale2002 on Tuesday September 11, 2018 @01:52PM (#17961852)
The answer is to create laws that allow developers to build more housing.

The price of housing in many high cost of living is completely unrelated to how much it cost to build the apartment building.

Or in other words, the actual construction of the building is the easy part. It is the government that is getting in the way of reduced prices

Re:The Real Cost of the 2008 Financial Crisis by paulddraper on Wednesday September 12, 2018 @02:18PM (#17971507)
> The answer is to create laws that allow developers to build more housing

I didn't know reducing regulation on businesses was the socialist solution. But yeah, sounds good to me.

Re:The Real Cost of the 2008 Financial Crisis by stale2002 on Wednesday September 12, 2018 @03:43PM (#17972426)
Well, presumably socialists care as much about allowing people to give cheaply as do free market advocates.

I am not sure why a socialist would be opposed to lower living expenses for poor people.

Re:The Real Cost of the 2008 Financial Crisis by slg on Tuesday September 11, 2018 @12:00PM (#17960920)
Taxes and tax incentives.
Re:The Real Cost of the 2008 Financial Crisis by dragonwriter on Wednesday September 12, 2018 @02:38PM (#17971692)
But not the current ones.

We should, if we want to use tax policy to promote home ownership outside of the wealthy, be subsidizing principal payments for owner-occupied primary residences meeting certain local and personal affordability standards, and possibly tax-favoring sale proceeds for sales of property when, after sale, it will be owner-occupied primary residence meeting affordability standards.

Re:The Real Cost of the 2008 Financial Crisis by paulddraper on Tuesday September 11, 2018 @12:20PM (#17961106)
The U.S. does that. Loan interest and capital gains are treated much differently by the U.S. tax system if they are on a primary residence rather than on other assets.

(More often than not, I see criticism of this on HN.)

Re:The Real Cost of the 2008 Financial Crisis by slg on Tuesday September 11, 2018 @01:17PM (#17961566)
Those benefits are regressive which results in the them barely moving the needle for working or middle class families. It goes back to the original comment in this thread that it is implemented in such a way that it has a nearly opposite result to its supposed intended effect.
Re:The Real Cost of the 2008 Financial Crisis by paulddraper on Tuesday September 11, 2018 @03:06PM (#17962367)
I agree. That is often the case with taxes and tax incentives.