this post was submitted on 25 Apr 2024
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its like they have too much money and they're burning it away on bad ideas. Imagine how much public housing that money could have built.
I doubt public housing would have made a fantastic return either.
If all you care about is money, then yeah sure. If you actually give a shit about humanity the return would be absolutely immense for society.
Think about it longer term... All the people struggling at the bottom now have secure housing. More money is free for nutrition, hygiene, they can get better jobs or afford schooling... Trades or higher education. More people have a chance to escape poverty and contribute production, get more money to spend, more money gets out into local economies. So and so forth. It's a good idea.