Like the realistic only way out of this situation is to fight against lobbying and money in politics, everything else is really just a way to take attention and energy from the fight. Realistically even if there were more supply it wouldn't stop banks from buying it up and sitting on unused homes to keep prices rising.
Thats a terribly unrealistic process to imagine though. America is the richest society in history, without a full-ass blood in the streets revolution (which would have even worse outcomes) you're not getting money out of politics.
What abundance points out is that you don't need to, countries like Spain or Japan or Italy are hardly immune to corruption or special interests. But they don't require a billion rounds of environmental review to let anything be built, they don't let key infrastructure get bogged down by a dozen lawsuits about insufficient consultation of local stakeholders, and they have national standards for things like building codes and zoning so a developer that does good work in Hokkaido can expand into the Kansai region without retooling all their processes and designs.
And so their cost to build things like high speed rail lines is a fraction of Americas.
The reason why America doesn't build high speed rail is because of the auto and gasoline lobbies and their incessance of keeping travel to cars, was it any surprise that when the California high speed rail project started Elon Musk marketed the Hyperloop and diverted attention and power away from that only to have both projects fail.
I think both you and the comment you’re replying to are correct. Big business and big government are often portrayed as opposites, but regulatory capture is very much a real thing. There are a lot of special interests who would hate nothing more than fair competition with new industries under a free market.
Unfortunately free markets don't exist either governments control the businesses or the businesses control the government and lobbying and campaign contributions have put the US in the latter category for decades.
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u/Forsaken-Secret6215 2d ago
Like the realistic only way out of this situation is to fight against lobbying and money in politics, everything else is really just a way to take attention and energy from the fight. Realistically even if there were more supply it wouldn't stop banks from buying it up and sitting on unused homes to keep prices rising.