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Cake day: June 20th, 2025

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  • nednobbins@lemmy.zipBto196@lemmy.blahaj.zonerule
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    19 hours ago

    Unfortunately it’s not a simple problem.

    Real estate is non-commoditized for a number of reasons. A big part is that people have wildly different needs when it comes to housing. They don’t just prioritize different things, they often care about completely different factors. In many cases a feature to one person is a bug to an other.

    People have tried to build large housing blocks in the past with mixed success. It’s certainly better than being homeless. Particularly in areas where all the previous housing had been bombed to rubble, the prospect of any shelter is incredibly attractive.

    The DDR economy isn’t exactly one we want to model here. Remember that the overall system was so bad that people risked getting shot just to get out. Yes, there were many factors to why their economy was terrible but part of it was a Soviet era belief that the government could make major economic policy decisions without having to think too hard about the individual level details.

    I wouldn’t read too much into prices in a command economy. Energy was famously cheap because the USSR overproduced energy. It was so cheap that many public buildings didn’t have light switches, they just left them on. That was money that could have been spent on more productive things. I also remember visiting the USSR during “Glasnost”. They were opening up but they still had the old price controls. Bread and Vodka prices were in single digit Kopecks. 100 Kopeck to the Ruble. The official exchange rate was something like 2 USD per Ruble. If you paid more than 1 USD for 5 Rubles on the street, you were getting ripped off. If you were savvy, 1 USD could get you up to 20 Rubles.

    I do like your idea of the government building lots of housing. I’d just modify it a bit. The government builds houses all over the place. Each one is put up for auction with the minimum bid being break-even. If there’s every a time when those auctions don’t get bids, pause new construction in that area until it does.

    That algorithm prevents over production of housing, allows for housing in the correct locations (as determined by the residents), automatically adjusts as demand increases, and allows for varied housing to meet the varied needs of a diverse set of residents. It’s also largely immune to speculation. If some hedge fund tries to buy all those houses, they’ll just be left holding the bag when the government pumps out cheaper alternatives.

    It would crush real estate as an investment vehicle. Real estate won’t just stop going up in value, we’d be actively working to plateau or even reduce those values. I see that as a feature rather than a bug.



  • nednobbins@lemmy.zipBto196@lemmy.blahaj.zonerule
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    2 days ago

    The thing is that we always have vacant homes. Homes that are under renovation or waiting for the next tenant to move into or are in the wrong location. Vacancy rates are currently at one of the lowest points in history. We’re doing a better job cramming people into available housing than ever before and it’s not enough.


















  • Pollution per GDP is a better measure. https://ourworldindata.org/grapher/co2-intensity Pollution per GNP would be even better but I can’t find it.

    Individuals don’t pollution much, it’s mostly industry. Really poor countries often don’t pollution much because they can’t afford to. Sometimes they pollute prodigiously because the only thing they can afford to do is destructive resource extraction. Rich countries can often outsource their pollution to poorer countries.

    China has been making mind boggling investments in renewables. They have been expanding all their energy sources but their renewables have the lions share of the growth.

    They’ve been building roads and all kinds of infrastructure. That’s what the BRI is all about, even if they’re being a bit quieter about saying the phrase. They like to build their long haul roads on elevated columns; not only because it’s less disruptive to wildlife but because it lets them use giant road laying robots to place prefab highway segments.

    They dropped the one-child policy a while back but they’re having some trouble getting people to have more babies. That said, there’s some research that suggests that rural populations around the world are severely undercounted, so they may have a bunch more subsistence farmers than they, or anyone else, realizes.