Why don't we have public housing with market rate rents?
Why have those people who can afford to pay market rate rents pay it to landlords instead of the public sector?
You could earmark the money to building more housing.
Increased housing supply would mean lower housing prices. Easy way to collect tax revenue.
Any examples of this, or anyone who advocates for this?
@LeoSammallahti https://www.eslottawa.com/conscoop.html (and generally https://duckduckgo.com/?q=housing+coop+Ottawa+ontario )
There may already be some in your community. If not, consider starting one! A lot of work, but valuable and rewarding.
That seems very cool, but it seems to be a housing cooperative, not public housing.
@LeoSammallahti it is a combination of people paying market rates, along with those that qualify for subsidized housing. What's the goal of the public housing you envision?
@LeoSammallahti the coop model handles that (in at least some cases), if I understand you correctly. Not sure that a government run initiative would be more effective; too often the income gets reallocated in ways that are counter to the initial goal.
If you find an example of that working, though, I'd be very interested!
@keverets
Collect revenue and increase housing supply.
The thinking is - why have people who can afford market rate rents pay them to the landlord instead of public coffers?