Re:Can too many brainy people be a dangerous thing?
by jahaja on Friday October 30, 2020 @03:36PM
(#24946040)
> A lot of the program seems to have rested on subsidies and incentives, which are nice ways of saying you're relying on a profit or investment motive.
I mean that's just an implementation issue. To scale fast at that time, the government paid already existing corporations to build but kept ownership of the completed buildings. The point is that it's still a state venture and the profit motive/investment, "free market", was essentially suspended. So without this kind of government program the market, because of profit/risk/investment motives, won't build this.
A lot of the program seems to have rested on subsidies and incentives, which are nice ways of saying you're relying on a profit or investment motive.
> Well, on the other hand, is there something inherent in housing that requires those motives?
Aside from that it requires scarce resources to produce and maintain and is rival in nature? I suppose not. Though that does put it in the company of quite a few other goods and services.