If it was enough to cover 80 square meters housing for everyone then it wouldn’t be so ridiculous. Thing is it isn’t even remotely enough
Taxes barely allow for healthcare to work, only because USA pharma companies charge Americans much more to recuperate EU losses.
Not to mention roads, education, national parks, retirement funds, subsidies from energy sector to agriculture. It’s all underfunded
And you wanna pile on top also 80 sq for everyone? Good luck lol
That’s like 40 millions citizens * 500k euro = gargantuan money fed into developers
Hell I would become a developer company myself
(It’s 2E13 10^13 of euros. Trillion? I think 20 trillions) so it is 4x more than whole federal USA budget for 40 million people
It’s unimaginably huge amount of cash and you said “I pay taxes duh” 💀
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They build like 50 of 40m2 apartments a year over here from taxes and that’s probably best it can realistically get. Maybe you could get it to 200 with some progressive taxes assuming companies wouldn’t just move elsewhere and avoid them altogether
I don’t live in America, I don’t care about America. It would cost about 800b EUR to fund it in Denmark without considering economies of scale, industrialisation or existing stock. In my opinion, it is completely achievable.
there are a lot of affordable houses, just nowhere where people want to live (big cities with limited space).
The very nature of limited space in cities makes it impossible for the whole population to have houses there. Let alone build millions of city houses using some vague miraculous funding
However housing “crisis” will solve itself at the latest around the end of 21 century. Rather like 25 years more or less. That’s when the cities will lose its employment providing role.
Real estate in the cities will still be more expensive and rare but it will no longer be a necessity, merely a luxury.
All the landlords will suddenly wake up with 50% value losses and no takers for their rentable shacks.
If it was enough to cover 80 square meters housing for everyone then it wouldn’t be so ridiculous. Thing is it isn’t even remotely enough
Taxes barely allow for healthcare to work, only because USA pharma companies charge Americans much more to recuperate EU losses.
Not to mention roads, education, national parks, retirement funds, subsidies from energy sector to agriculture. It’s all underfunded
And you wanna pile on top also 80 sq for everyone? Good luck lol
That’s like 40 millions citizens * 500k euro = gargantuan money fed into developers
Hell I would become a developer company myself
(It’s 2E13 10^13 of euros. Trillion? I think 20 trillions) so it is 4x more than whole federal USA budget for 40 million people
It’s unimaginably huge amount of cash and you said “I pay taxes duh” 💀
————
They build like 50 of 40m2 apartments a year over here from taxes and that’s probably best it can realistically get. Maybe you could get it to 200 with some progressive taxes assuming companies wouldn’t just move elsewhere and avoid them altogether
I don’t live in America, I don’t care about America. It would cost about 800b EUR to fund it in Denmark without considering economies of scale, industrialisation or existing stock. In my opinion, it is completely achievable.
It’s not. If any candidate promises you this they are just lying for votes. They did the math and aren’t stupid
No candidate has ever offered this. I am a structural engineer and have decided on this as a view of my own.
Well it’s a wrong view but you do you
there are a lot of affordable houses, just nowhere where people want to live (big cities with limited space).
The very nature of limited space in cities makes it impossible for the whole population to have houses there. Let alone build millions of city houses using some vague miraculous funding
However housing “crisis” will solve itself at the latest around the end of 21 century. Rather like 25 years more or less. That’s when the cities will lose its employment providing role.
Real estate in the cities will still be more expensive and rare but it will no longer be a necessity, merely a luxury.
All the landlords will suddenly wake up with 50% value losses and no takers for their rentable shacks.