alt Hacker NewsHave you read the book? A large portion of it is dedicated to how we got here.
Nimbyism and people’s desire to keep their property value high is part of it. The levers that have been used to make those values high include a ton of regulation that makes it impossible to build start ups homes even if you were a perfectly moral actor seeking to generate exactly 0 profit.
> until we address all of this
Address what? I was convinced by Ezra and Derek because they constantly show real evidence as the opposing side keeps bringing vibes.
What are your actual, concrete issues that you think the abundance crowd is not addressing and what are your specific policy positions that you think need to be implemented first?
> people’s desire to keep their property value high is part of it.
Yes, exactly, and what are Klein and Thompson proposing to fix this? Fuck all. They only write about curing the symptoms of this crisis while telling us to ignore the root cause of it all: housing is now a very popular investment vehicle, used by many powerful private interests who absolutely wouldn't want to see their portfolios halve in values.
How are we to believe that the Democratic establishment, lead by the same old people, backed by the same old wealthy donors, will now be able to make a stand against the very people that put us in this situation in the first place, and are now funding the politicians and "thinkers" behind this movement?
Abundance liberalism is nothing but a rebranding of neoliberalism in a desperate attempt to astroturf a renewed interest in the failing democratic party. It is running away from any reform that would be critical to capital, hence why they dispense so much vitriol on the progressives and almost none on the right.
tldr: abundance does not address money in politics because it is birthed from it, and will therefore never be able to fix the housing crisis because its existence is convenient to capital.