The real solution is probably to build unfathomable quantities of publically owned housing and rent them out at affordable prices. I suspect this won’t meaningfully move the needle on the issue.
Agreed. Not everybody can or wants to own a home even with a 25k bonus. Some people want the freedom to move around and explore without being bound for any more than a monthly or yearly term.
The solution is to pump up availability and let the prices correct themselves. Bind pay CEO as a multiple of their employee wages, and address economic shenanigans like stock buybacks and tax loopholes so that people end up with a larger piece of the pie–that way people can do what they want instead of being forced into one option or another.
That’s a terrible idea. The real life effect is that prices will simply go up. You need to force down real estate prices in general, and offer very low interest rates for first time buyers.
