this post was submitted on 27 Aug 2024
432 points (96.8% liked)

politics

19097 readers
5723 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 1 year ago
MODERATORS
 

Kamala Harris has a new advertising push to draw attention to her plan to build 3 million new homes over four years, a move designed to contain inflationary pressures that also draws a sharp contrast to Republican Donald Trump’s approach.

Harris, the Democratic nominee for president, highlights her plan in a new minute-long ad that uses her personal experience, growing up in rental housing while her mother had saved for a decade before she could buy a home. The ad targets voters in the swing states including Arizona and Nevada. Campaign surrogates are also holding 20 events this week focused on housing issues.

In addition to increasing home construction, Harris is proposing the government provide as much as $25,000 in assistance to first-time buyers. That message carries weight at this moment as housing costs have kept upward pressure on the consumer price index. Shelter costs are up 5.1% over the past 12 months, compared to overall inflation being 2.9%, according to the Bureau of Labor Statistics.

“Vice President Harris knows we need to do more to address our housing crisis, that’s why she has a plan to end the housing shortage” and will crack down on “corporate landlords and Wall Street banks hiking up rents and housing costs,” said Dan Kanninen, the campaign’s battleground states director.

you are viewing a single comment's thread
view the rest of the comments
[–] A_Random_Idiot@lemmy.world 17 points 2 months ago* (last edited 2 months ago) (4 children)

as long as corporations and land horders are allowed to keep buying home and lands to keep the market scarce and rent and sell prices high, it doesnt matter how many homes you build.

and if you issue an immediate ban on mass home hording, and issue massive monthly fines for exceeding the limit, fines that are multiples of the profit that they make, not fractions, enough homes will immediately flood the market and will bring prices and rent down

[–] BedSharkPal@lemmy.ca 3 points 2 months ago (3 children)

We all must be missing something. This is too obviously the path forward for there not to be some sort of issue with implementing it ASAP.

[–] PM_Your_Nudes_Please@lemmy.world 10 points 2 months ago* (last edited 2 months ago)

The issue is that implementing it would basically require an act of God, because the property owners are the ones bribing the lawmakers who would be writing the laws.

When you look at whether a piece of legislation is popular vs whether it’ll be passed, it’s basically no correlation if you’re poor. The graph is basically a flat line, with about a 30% pass rating regardless of how popular it is. Regardless of whether it’s extremely popular or horribly unpopular, the bill has about a 30% chance of getting passed.

But if you look at the graph for people who are rich, the graph looks more like a 1:1 line, where pass rates increase as popularity increases. And conversely, the pass rate decreases as it’s less popular with the rich.

Money talks, and the SCOTUS has legalized bribery. A bill that penalizes landlords would be unpopular with the rich, so it would have a near 0% chance of passing.

[–] WarlordSdocy@lemmy.world 1 points 2 months ago

The issue is rich people don't want it to happen cause they invest their money in real estate and want the value to keep going up. So they're gonna make sure neither party pushes for anything like that.

[–] rottingleaf@lemmy.world -2 points 2 months ago

You all are missing the fact that the problem existing makes you vote for those who promise to solve it. The problem being solved stops that.