Thursday, July 07, 2022

Found clickbaity video entitled "Stop the government from buying your home (the SOLUTION)"

It's hard to use a blog article to criticize a YouTube video.  I've tried before, and will keep trying.  I'm just not interested in the idea of making actual reaction videos (yet).  Anyway, sometimes I run across an op-ed that's so bad in my opinion but presented so slickly, it makes me want to respond.  "Stop the government from buying your home (the SOLUTION)" is one of those videos.  In this video, the presenter is someone who claims to be involved in real estate.  However, he provides opinions that ultimately seem to me to be questionable. 

There's a lot of conflation of information and opinions in this video.  In my opinion, this leads the video to support a conclusion that really doesn't amount to much.  This is a very disappointing presentation.

As someone who grew up in low-income housing, I find the presenter's comments about government-directed affordable housing to be rather nonsensical.  He pulls some very specific and extraordinary examples of supposed failure and presents these as if they are the norm.

Worse, the presenter comments about specific problems for some affordable housing projects in NYC as if they are general to all affordable housing projects in NYC, or anywhere in the US.  Ironically, at least some of the problems he ties to affordable housing are actually pretty common in NYC, even in the most expensive skyrises.  

Hell, the presenter even conflates affordable housing with eminent domain, as if every effort for affordable housing by government requires the use of eminent domain.  This simply isn't true. 

The presenter's solution is to rely on developers, but in a way that appears to ignore local democracy.  A major portion of this video shows a developer talking about process for a real estate development project.  Nothing talked about by the real estate developer seems unreasonable. The process for real estate development includes the sited steps in order to protect the interests of the people already living within the city and provide adequate support for new denizens.  Further, the presenter completely ignores the fact that such projects also sometimes require the use of eminent domain. 

To me, this video feels like watching a "60 Minutes" hit piece more than something that's actually factual and useful.  Worst still is that the title of the video appears to be pure clickbait, as this video doesn't address how to actually stop the government from buying your home.  A more accurate title might be "One idea on how to address housing shortage over time."

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