• Blue_Morpho@lemmy.world
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    4 months ago

    I don’t understand the criticism. Empty apartments keep real estate prices low. It’s the same government intervention that the US does with farmers to keep food prices low by paying for unused food surpluses.

    Meanwhile, in the US where there is no government sponsored surplus of housing, young adults can’t find affordable housing

    • marcos@lemmy.world
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      4 months ago

      Empty apartments keep real estate prices low.

      Only if you build them in some place people want to live.

      Mass transit is way more effective either way.