Political Memes

7754 readers

2827 users here now

Welcome to politcal memes!

These are our rules:

Be civil

Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.

No misinformation

Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.

Posts should be memes

Random pictures do not qualify as memes. Relevance to politics is required.

No bots, spam or self-promotion

Follow instance rules, ask for your bot to be allowed on this community.

No AI generated content.

Content posted must not be created by AI with the intent to mimic the style of existing images

founded 2 years ago

MODERATORS

[email protected]

1336

Landlords are scum... (lemmy.world)

submitted 2 weeks ago by [email protected] to c/[email protected]

213 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 0 points 2 weeks ago (6 children)

Most governments do not, including the USA. Yes, they take in lots of taxes, but they spend even more. Governments frequently run at a deficit more often than not.
How
Irrelevant
A loan to people with shaky credit with no penalties for defaulting is effectively a grant. See: PPP loans.
None of this addresses the inflationary aspect of government money being pledged to support a purchase. If the government is promising to loan up to $500,000 then I know for sure I can sell it for $500,000. Why would I ever sell for $400,000? It creates a price floor.

[–] [email protected] 2 points 2 weeks ago (5 children)

You clearly just don't like the policy, but all of your points have responses.

tax more. Literally everyone on the left agrees with that
More money in the economy is more opportunity to tax. People that need this benefit will be most likely to actually spend their money on good and services. These programs will also give homes and stability to people so that they can get out of cycles that impede their upward mobility and cause them to continue to depend on benefits.
it is not irrelevant because this would not be a check for billions being written overnight. There would be a roll out to ensure stability and work out issues with the market
never said no penalties for defaulting and plenty of people with bad credit need housing and are being provided with it by the government anyways. Might as well not give that money to 3rd party landlords that drive up rents. Also, this is nothing like PPP, other than that the government is involved.
the government would operate like any bank would. It would not allow a 500k loan for a house not worth 500k. You're not guaranteed a number. That should have been clear based on my above comment that mentioned potentially upgrading to a different house when your income increases. Houses aren't just more expensive because fha loans exist. And again, all of this would be in a market where investment properties aren't really a thing.

If you don't think the government should be involved in housing, you can just say that.

[–] [email protected] 0 points 2 weeks ago (4 children)

If your solution to such a complicated economic issue is "just tax more bro", then I'll just wait until you finish high school before trying to discuss grown-up things with you.

[–] [email protected] 2 points 2 weeks ago (1 children)

If you think the solution to budgetary issues isn't to tax more when we're at a lower tax rate on corps and the rich than we have been in a long time then it's you that needs to do basic econ/government classes

[–] [email protected] 0 points 2 weeks ago

I'm saying that it's way, WAY more complicated than "just tax more".

load more comments (2 replies)