Cea, No Evictions  🏘

What do you call budget cuts, deregulation, privatization of formerly public programs, subsidies, and bailouts?

There was a private real estate industry well over 40 years ago. (Also, I'm not sure that there has really been much deregulation in real estate?)

Certainly not where you are...I mean, unless you count ending of wartime rent controls, but that happened a lot more than 40 years ago

i mean the movement away from public housing towards section 8 and the low income housing tax credit has certainly contributed to a massive "affordable housing" industry

which i know you know stephen!!!

If she was talking about a general outsourcing of below-market housing to non-state actors, then sure. But it seemed like she was saying that the private real estate industry was created in the Reagan era through deregulation and privatization!

well it's not always below-market, right? it's also using housing development and subsidies to create markets in a lot of places, i.e., outsourcing to private actors and developing in particular places to encourage more private development etc etc etc

I'm not seeing more subsidies today or more outsourcing of land to private actors for market-rate housing than in the past