Welcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down payment

https://lemmy.world/post/4074666

Welcome to the 'nepo' housing market: 40% of homebuyers under 30 get family money to cover their down payment - Lemmy.world

God, if only people could just like pool their resources together to build homes or something…

We could even call it something like “social housing,” and have it be a publically regulated service instead of treating housing as some sort of game of investment for the wealthy? No no, totally impossible…

Sure that totally worked for the Soviet Union.
It kinda did, didn’t it? People are still living in those buildings, right?

They live in rundown shitholes mostly.

I tried to add a photo to this post but images seem to be banned atm due to the attacks on Lemmy. Just Google it and see the beauty of the land of krokodil.

Not really. There are “commie block” apartments across not just Russia but lots of Eastern and Central Europe that are more desirable, pleasant, and cheaper than many new developments in the US and UK.

You can also look at Red Vienna housing, another socialist urban design.