this post was submitted on 05 Apr 2025
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My take?
corporations aren't allowed to own land or houses other than the office space and production facilities.
people can only own the buildings they live in (with proof of living there at least X% of the year)
The state takes over all houses and land that become unused by these laws
The state rents out their property as 'rent to own', or as housing for the homeless
That's basically China with extra steps. How are you going to deal with your companies siphoning money out of your economy by buying foreign real estate?
Corporations should be owned jointly in equal parts by the people who work there. Most live local and won’t want to do that.
Ah there's that glorious protectionism that just shot the global economy in the foot! Constitutional law is gone and you're day dreaming about reforming business law lmaooooo CLASSIC.
COMMUNIST REVOLUTION WEN?
This whole thread is about day dreaming about business law reform.
The whole world doesn’t stop to deal with each problem individually.
Of course, it's basically a communist idea from even before the Russian revolution.
To answer your question: since corporations aren't allowed to own more than the buildings they work with, they could not buy foreign real estate - except for facilities or offices they really use.
I don't think I know all the answers, it was just a interesting idea I read a while ago.
As far as I know it was never implemented, so weather it would work out or not is just speculation.
Bububutttbut who gets the Waterfront property?!?!?
I saw a new development going up on the river and thought that. Next thought was how delightful it will be to watch the river consume it in my life time. Nature hates vanity.
I say that because some people can't imagine a system other than the current one and they said that as a kind of a gotcha.
I think zoning laws are necessary, but they're way too strict in some/a lot of places. Like, I don't want a loud, polluting factory next to my home, but why are there places where all you can build are single-family homes?
The problem is if you have a housing crisis, and developable land, but the only housing projects you approve are $750k houses in giant suburb.... There's a huge difference between deregulation and planned incentivized development.
Communities have so much power as far as local approval for building developments and city design. You guy should be coming together and saying what you just said. How can we get more affordable housing without all the bad effects, what regulations do we need to protect your peace and health? What regulations are blocking a mixed use development in favor of a suburb no one can afford?
One thing to is it comes down to incentivizing housing. someone needs to take the capital loss on creating a cheap house for a family in need. It's the city and the tax payers. If you can't figure out who is eligible for a cheap home, and who will pay for that person cheap home, and find a builder to build said cheap home, then it's all just a waste of breath anyway.
Ok
Ah the 'state' So donald trump should take over all housing....
No wait, the nation of people who elected donald trump, who's imaginary new government(which will be so much more awesome) that state should do it!
You need your revolution first friends, im waiting. It's your time to shine and you're still lurking in the dark quoting theory.
I don't live in the USA, so my trust in my government is at least a little bit higher.
I agree that the government under trump is... not suitable for such a socialist concept. One can only hope that a better one will rise from the ashes.
That being said, in general, control by the state is better for the people, even though it's less effective. Taking 'greed' out of the equation for the housing market would do wonders.