Presidential hopeful Sen. Bernie Sanders, I-Vt., is once again proving that it’s easy to be a democratic socialist. All you have to do is make wildly unrealistic promises and blame rich people for the world’s problems.
After that, most of the left-wing media will fawn all over you for your “revolutionary” and “innovative” thinking—no matter how foolish the policy proposal might be.
Sanders’ newest idea is to have government build “millions” of new housing units to help improve access to “affordable” housing.
“When I talk about infrastructure, I’ll tell you what else I’m talking about: The need to build millions of new units of affordable housing,” Sanders said at a rally on Wednesday in Reno, Nevada. “All over this country, you have people paying 40, 50, 60 percent of their limited incomes in housing. That is absurd. Let’s put people to work, with good wages, to build the affordable housing this country needs.”
There’s no denying housing and rent prices are high in some parts of the United States, especially in many high-tax cities, where developers are forced—usually by Democratic Party-led governments—to pay exorbitant fees and comply with mountains of red tape to build new housing units, if they are allowed to do so at all. But saying the best solution to bringing down housing costs is to build millions of new houses is utterly ridiculous for several important reasons.