• Nevoic@lemm.ee
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    6 months ago

    The USSR and China were much more widespread examples of eliminating landlords, both were vastly successful. They were third world countries with terrible conditions, both became global superpowers, all-the-while providing housing at a vastly more reasonable rate.

    China has since regressed on this, and they’re starting to feel housing troubles as landlords destroy the housing market through scalping, but for a long period they were improving.

    The best example is probably the USSR during the 70s. Still a country with vastly less wealth than America, recently developed into a global superpower, but still was providing housing to citizens at an average of 5% of their income. America has been operating very consistently in the 30-80% range for a long time.