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Originally Posted by Merika
Most people who make more money CHOSE to live in nicer housing...but FORCING them to....just sounds wrong. How in the world does the government get by with that?
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Until recently, the main owner of housing (and housing for rent) was the government itself, through all kinds of housing corporations. And the government has a strong say in what to build, and how expensive things may be (for rent). Add that to the legislative powers the government has and voila.
So they made plans to build x number of houses in the segment of say $300-$400 a month, y number of houses in the segment of $400-$500 et cetera. Oh yes, up until now the government also regulated the prices.
But the housing situation is weird here. If you have a mortgage on a house, the interest on that is tax-deductible. With the most benefits going to those who own the biggest houses anyway (because of progressive taxing, the benefits you get for tax-reduction posts like this become bigger).
And even if you rent a house, or an appartment, you tend to have rights for some support, unless you make so much money, that you could easily afford to buy a house. With the bigger benefits going to those who hire more expensively.