Comment Re:Tragedy of the Commons (Score 1) 318
I don't agree with the "socialist loser" bit; but here are just some of the ways the proposed approach fails, based on things we have already tried:
People don't like paying rent for property other people own. That doesn't just apply to small-time owners, it applies to the Government, the Property Managers, Big Brother, or whomever else is the owner instead of the occupier. This will be seen as no different to renting.
You might think that the above problem will be lessened if the occupier either: 1) pays less rent, or 2) has some say in the governing body. This won't happen. Public housing residents in Australia pay less rent; they still hate it (for the most part). Giving people a say in the governing body will be seen as a chore, not a benefit.
Property that somebody else owns are regularly treated like crap because the occupiers don't care; it's someone else's problem. (Owner-occupiers will also treat their own property like crap; but not as commonly.) Apartment buildings with high rental rates frequently have issues with bad-behaving residents actually damaging the property. The renters don't care; if they damage the place to the point where even they don't find it liveable, they'll just move. Public housing has similar problems. The government body responsible has to fix any damage; so residents will deliberately break things and just call to get it fixed. If there are punitive measures; they'll say it was an accident (and there's no contrary proof...).
The real solution to housing affordability is to reduce demand or increase supply. For example, you could: discourage investor ownership, or do what a number of developers here did accidentally: build "too many" new properties.
All of that said, public housing has a number of benefits in addition to its problems. I'm not advocating getting rid of it.