Obviously this is for both, men and women, you know, the song “if I was a rich man” and i saw the meme with…

sigh just answer the question

  • Death_Equity@lemmy.world
    21·
    7 days ago

    I would buy up as many apartments as possible and lower the rent below market value, this driving other landlords to compete. Since they could not maintain a “sustainable” business model with their profit driven mindset, they would sell and I would buy. I would still seek a modest profit, which would be rolled into further acquisitions to further infect the market with sanity. It would be a McDonald’s or Walmart approach to housing, positive effect by volume and low margins, but actually provide an undeniably good product.

    I would also work with local businesses to offer discounts to residents of the apartments and employees of other businesses that also wish to partner, with the end goal of creating incentive to shop local and increase foot traffic, and therefore profits for those small businesses.

    I would find residents who would be interested in starting a business, startup costs covered by my organization, and outcompetes with businesses who do not wish to be our partner. I would endeavor to provide free childcare and animal daycare/boarding. Ideally a pseudo private and free school system could be established to further promote the ideals of the community. Ideally provide free therapy. Ideally offer scholarships to traditional higher education or trade schools. Ideally create a system to help homeless people get back on their feet.

    Overall the end goal would be to keep as much money within the local economy and maintain businesses that embody the values which create a healthy local economy, lower the costs of living, and restore the community to a healthy social state.

    Or maybe I’ll just start a sex cult in the woods.

    • NateNate60@lemmy.world
      4·
      7 days ago

      I think the housing market plan doesn’t seem likely to work. The real issue is not that current landlords are exceptionally greedy (the rules of capitalism assume and encourage everyone to be as greedy as possible), it’s that there isn’t enough housing stock to give everyone who wants one a unit. In economics, housing is more or less a commodity like everything else and thus follows the usual rule of supply and demand, i.e. insufficient supply drives up price until demand tapers down to meet it. If you buy up the city’s housing supply and then price them below the equilibrium price, the result will just be that far more people want a place than you will ever have supply for, since you are not actually creating any new housing supply, just buying existing supply from other people.

      I would think you’d have more success getting into the property development and construction business, buying up vacant or derelict lots in the city, building them into blocks of flats, and then letting them out on the cheap. You’d also have to hire lobbyists to prod the council to change zoning laws to allow for this development and obtain planning permission. It takes a lot of political maneuvering to make a housing project successful, not only because of legal restrictions, but also because you’ll need amenities for your new development. Parking is a big one in the US unless you build a dense mixed-use development which is bureaucratically difficult to get planning permission for, but there’s also considerations like whether the nearby bus line can handle the influx of passengers, whether the neighbourhood school can handle a hundred more pupils, whether there’s a grocery store nearby, whether the area “feels safe”, and so on.

      Kind of the reason why State-run public housing schemes are so successful is because they are a government agency that has the power to brute-force the solutions to these problems. Zoning codes? Overruled. Public transit? Ordered. Schools? Built. Private developers don’t have the power to do these things and have to beg the council for them instead.