• markovs_gun@lemmy.world
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    8 days ago

    There are many examples of this being essentially the status quo in many places and historical eras and essentially it just makes housing availability worse since only the ultra wealthy can afford to build expensive structures and they just accumulate more wealth and power. Think about in the middle ages when a local lord would have to foot the bill to build townhouses completely up front but he and his descendants would retain ownership of them and demand payment to live in them for hundreds of years to come. There are places where access to credit is poor today where people basically live in makeshift shacks if they don’t rent because they can’t afford to buy houses otherwise. There are a lot of ways to fix land ownership and exploitation by landlords, but historically speaking, this was not it. I know nobody likes living in debt and debt can be used for exploitation, but completely abolishing credit simply will not have good outcomes as a whole.

    • theneverfox@pawb.social
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      7 days ago

      Feudalism had a lot of good points structurally, replace the lord with public servants and I don’t see the problem. The city builds the housing, and it becomes part of the tax revenue forever. If the city prices basic housing too high, economic activity falls, tax revenue falls, and the city declines

      Shanty towns aren’t good, but we haven’t fixed the problem, we just have homelessness now

        • theneverfox@pawb.social
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          7 days ago

          Feudalism didn’t make us destroy the entire world, did it?

          What were doing clearly isn’t working, maybe there’s something to democratic feudalism. Seriously, it fixes a lot of issues and all I see are engineering problems