Why we can't solve the housing crisis | Konstantin Kisin

[nickco]

Houses should be seen as homes, not bloody investments.

[robertjacobs]

Black Rock keeps buying apartment projects and affordable housing. Stop giant corporations from buying affordable housing and raising prices.

[MrRobreg]

Show me a politician that is willing and wanting to fix an issue, without also lining their pockets and filling their coffers in the process

[antonydandrea]

The problem is every time there is a proposal to build new houses there's about 5 years of committee meetings mostly caused by locals saying No, before even a single brick is layed

[nicksilva]

The fact that politicians have any control over the housing market is the problem.

[tebraizshahzad]

It's not entirely the Middle Class doing this, it's also some of the upper class and rich oligarchs (not typecasting all) doing this with their property portfolios . I agree with Konstantin to some extent but not fully.

[SirShiv]

Imagine blaming the middle class that can barely pay their bills when it's the mass of corporations and upper class that are gobbling up property and sitting on it.

[dishman]

I am middle class. I don’t care about the price of housing since I am in one and will just pay it off. But yeah, the prices have to go down and they will. No one can even afford these prices at 7-8 pct interest. People are stubborn and want to sell at the prices from 2 years ago.

[datra]

Yes, and who think it is unfair to give housing to homeless people for doing nothing, and the working class have to pay for it.

[TheDiverJim]

It’s not that we middle class punishing politicians for wanting to “solve” the housing “crisis”. We just don’t see communism or the insane tax burden as the solution.

[MortenBendiksen]

All you have to do is stop the printing presses, and let things sort themselves out.

[VeryOldMerc]

The cost of housing is going up, not because of middle class home owners, but because there are more and more people who need shelter everyday.

[Delosian]

Here in New Zealand it is a mass immigration issue, with few new houses being built to house all the new arrivals.

[ericksonjustinAK]

He's spot on about how we got a bubble. The problem now is that all of the western world has such a balloon in real estate that any correction turns into a crash.

[coryBsinger]

My eyes opened wide to the whole scam when my dad bought a $70k truck and paid it off in 6 years and I bought a $70k house for 30 years and the monthly difference was only $220!

[davidtaylor-ccig]

If governments really wanted to they would start a Dept.of Housing and employ persons who have construction skills and just build 2 and 3 bedroom houses and sell them for maybe 10 percent over actual cost. The only problem being that nobody can get rich that way so it will never happen.

[tyshekka]

No politicians should ever try to raise or lower the price of housing.
There will always be something unintended by such actions.

[donaldgoodin]

The value of housing DOESN’T go up!!! The never ending printing of dollars, makes money worth less!!!
1970: $25, 000=
2023: $175, 000

[markthompson]

He's spot on. Thatcher made housing a commodity and it's become a nightmare for millions. I'd like to see the market brought down and kept down.

[arthurjones]

The only way to stop the housing crisis is to stop negative gearing. Why should people get tax benefits for owning multiple houses. There are thousands of houses/units sitting unoccupied.