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Damien Marie AtHope's posts Post Back to profile
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Kevin Karhan :verified:

@housepanther @DamienMarieAtHope

And despite this basic open-ended-ness that allows the state to basically take any property and just reimburse owners for doing so, investors ain't spooked, economy hasn't crashed and we ain't some communist dystopia as pictured in cold war propaganda.

In fact Germany is still rated best for lenders with a AAA+ rating.

#Ordoliberalism does work and I think we need more of regulation than less...
en.wikipedia.org/wiki/Ordolibe

7 Aug 2023 at 13:29 | Wall-to-wall | Open on mstdn.social
3 comments
Meow :verified:
Kevin Karhan :verified:

@housepanther @DamienMarieAtHope

The reason why #rent hasn't skyrocketed in my hometown compared to the average is because instead of "just #privatizing" by selling off public-owned assets like city-built #housing for cheap to #HedgeFunds and #BigRealEstate corporations, the city spun off said holdings into a #cooperative that has non-profit status, at least reducing any gentrification against seniors and low-income households.

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@housepanther @DamienMarieAtHope

The reason why #rent hasn't skyrocketed in my hometown compared to the average is because instead of "just #privatizing" by selling off public-owned assets like city-built #housing for cheap to #HedgeFunds and #BigRealEstate corporations, the city spun off said holdings into a #cooperative that has non-profit status, at least reducing any gentrification against seniors and low-income households.

7 Aug 2023 at 13:39 | Open on mstdn.social
Kevin Karhan :verified:

@housepanther @DamienMarieAtHope But then again my city also chooses to house refugees among the regular people and not just shove them into some containers at the edge of town with no access to anything for years, rightfully assuming that people seeking shelter want to find themselves a new home and integrate themselves locally.

Also it's harder for racists to convince people into hating refugees if they're on the first-name basis with one next door...
de.wikipedia.org/wiki/Leverkus

@housepanther @DamienMarieAtHope But then again my city also chooses to house refugees among the regular people and not just shove them into some containers at the edge of town with no access to anything for years, rightfully assuming that people seeking shelter want to find themselves a new home and integrate themselves locally.

7 Aug 2023 at 13:41 | Open on mstdn.social
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