As CBS News Atlanta previously reported, more than one in four single-family rental homes in metro Atlanta are owned by large corporate investors — more than 72,000 homes — giving the region one of the highest concentrations of institutional ownership anywhere in the United States.
Housing advocates have argued that those companies can outbid families with cash offers, reducing the number of homes available to first-time buyers while contributing to higher home prices and rents.
Warnock has repeatedly cited those trends in pushing the legislation, saying corporate investors have increasingly treated homes as financial assets instead of places for families to live.
Yeah, so to me, that sounds like a great argument for public funding of housing.
We don’t have to make them like old Soviet-bloc mega apartment complexes (I admit I am fond of some of the exterior aesthetics and building arrangements the Soviets tended to do, but the insides were more or less concrete shoeboxes (“to each according to their needs”, ostensibly, but imo in practice it was often far too minimal, and often not even truly meeting a given family’s needs)).
And we don’t need and shouldn’t expect them to be massive profit generators (much like we don’t need and shouldn’t expect mass transit to be a massive profit generator). We could build quite comfortable public housing, pair it with substantially improved public physical and mental healthcare, and not only effectively solve homelessness overnight, but simultaneously make a long-term investment in the viability of American society (including but not limited to birth rates, happiness indices, GDP (more people doing well = more people able to contribute to the pool = gdp go up), education, residential ownership, diminishing crime… we can go on).
Oops, I slipped into “we should be more socialist” mode lol
I dunno this plan sounds like it opens up a whole lot more Individual Freedoms ©️™️ 🦅 🇺🇸 for more individual people!. . . As a group demographic comprised of individuals, of course. 😉
(Y’know, for your upcoming campaign. Rooting for you!)