How to Fix the Housing Crisis | Philosophy Tube ft. Mexie

has a gun your nerd so it's pretty much Internet common knowledge of this stage that Star Wars the last Jedi sucked floppy donkey dicks which is a bit of a shipper cuz it could have been awesome so in today's video daddy dribbles gonna lay down how I would fix Star Wars at the last Jedi hi geeks squad it's been a while since the Justice League film came out and we all agreed that it could have been much better how much better do you ask I'm glad you asked I'm just I'm heritance blimpy ii and here's how I would fix the Justice League film privyet comrades homelessness is at an all-time high right now which sucks because in a country as wealthy as mine where there are more empty houses and there are homeless people we better have some strong reasons why some folks are left out in the cold so here's how I would fix the housing crisis [Music] what's going on guys comic book lover nyle content maker here the housing market is one of comics most beloved and longest running series with multiple adaptations and parallel storylines a rich cast of diverse characters and arcs that move and challenge us following the adventures of the titular hero housing market and his battle against one of comics most iconic villains the housing crisis only even if a comic has been running for hundreds of years our hero never quite manages to defeat the villain one of the things that makes housing crisis such an infamous bad guy is that he always just gets away every time our hero pulls out an amazing new gadget or shows off a cool new power or makes a new ally he never quite manages to overcome the master of mortgages who always slinks away to patch another dastardly plot fans of the housing market series have been wondering for centuries how it is that the story never quite reaches a climactic conclusion and today I have a wild fan theory about why but before we get into the details I don't want to upset any of you super fans out there I know everybody has their own favorite housing market characters whether it's millionaire a slumlord Mike Schaeffer surge or Jacob s coup CEO of Canary Wharf group the largest landowners in London or who could forget Hugh grows Vener the 27 year old billionaire and hereditary peer whose secret identity as the superhero Duke of Westminster makes him London's wealthiest landlord by right of birth alone what I can't a character and I don't want to step on anyone's faves here so remember that my fan theory is strictly speculative it's all non-canon though of course it will prompt you to re-examine the canon in a particular way that more closely aligns with the values that have guided my interpretation of it anyway the reason I think that housing market is never quite managed to defeat housing crisis is because they're actually one and the same character don't under how could housing market one of the most beloved comic book heroes of all time secretly be his own villain well think about it we know that housing market and housing crisis came to earth at almost the exact same time way back when the comics started in the industrial revolution saga characters were already referencing this mysterious villain coincidence maybe but let's think about this what are our hero's powers what is housing I could actually do well he just beats homes to people who can't afford them he encourages developers to develop more he lends money to people so they can get on the property ladder hang on those are all the exact corollaries of the villains powers distributing homes only the people who can afford them is just the other side of the coin of housing crisis power to raise rents and increase house prices encouraging developers to develop more is what led to the birth of gentrification one of the series darkest secondary evildoers and lending money the buyers was the basis of the villains plot in the 2008 storyline crisis of Infinite subprime mortgages and for the final proof look no further than housing crisis is most dangerous weapon the one thing that makes this villain feared perhaps more than any other comic book bad guy the homelessness ray since the comics began the homelessness ray has claimed countless characters and struck fear into the hearts of countless more but here's the thing we already know that it's canon in the comics that there are more empty houses than there are homeless people so if the characters in the comics really wanted to they could end the homelessness ray overnight by just expropriating all those empty properties but who is it actually prevents them from doing that whose powers although wielded in the name of justice and fairness actually prevent properties from being given away for free even when there is an abundance isn't it awfully convenient that housing markets powers are never enough to defeat housing crisis well in fact they can't you can't sell or build your way out of a crisis of distribution so that means that all of housing markets allies all those supporting characters like the politicians who try to boost his powers of building new homes or encouraging first-time buyers are approaching the problem all wrong they're missing the key piece of evidence the comics that there are enough homes already so it's not a problem of supply it's a problem of willpower it's not about how many homes are made it's about how they are made ie as commodities to be bought and sold and so housing crisis is evil villain powers are maintained by people desire to keep the hero housing market around now to be clear I'm not saying this is like a Batman Joker situation where the villain is like the dark reflection of the hero or like a spider-man venom thing where the villain is separate from the hero but was like born out of their dark side I think the writers of the comic book series have crafted a far more intricate storyline for us where the hero and the villain are actually one and the same the reason housing market can't defeat housing crisis is because market and crisis are the same thing now before we go any further I have to address the elephant in the room there is another popular fan theory that my theory flies in the face of some fans of the comic believe that the real reason that housing market is never defeated housing crisis is because he simply hasn't been allowed to we all know that our hero's awesome powers are kept in check by his green belt of regulation and maybe just maybe he could defeat housing crisis if only he was allowed to take off the belt and unleash his true power after all as long as he wears it his powers can wax and wane and property developers can always count on the stability of his heroism but uh here's the thing guys that already happened in the comics over a hundred years ago during the industrial revolution saga which was set in England housing markets green belt of regulation was a lot weaker only housing crisis wasn't defeated if anything he got even stronger because most of the property's housing market was providing were dangerous even deadly being built mainly out of cheap materials all this was covered in the work of huge comic book lover and nerd bro Frederick angles and for more on why the laissez-faire fanboys are reading the comics all wrong hairs awesome nerd and comic book genius mexi to talk about the series number one sexiest character thanks Nile I just get really worked up about this less a fair fanboy theory that's shedding the green belt of regulation is the key to defeating housing crisis this is pure fantasy not only dinner bro angles show us what happened when the Bell was weakened during the industrial revolution saga but the let's say fair boys forget that we have a much more recent example in issue 2-0 16 in New York housing market was seduced by the beguiling Airbnb who claim to be the secret weapon that housing market had been looking for while their romance heated up Airbnb convinced housing market to take long term rentals off of the market all while claiming that this was a great way to allow working-class people to top up their income the prices skyrocketed people were forced out of their neighborhoods gentrification powers grew stronger and more and more people were struck with the homelessness ray some super genius superfans including the prolific Neal Smith have uncovered that evildoer gentrification power comes from creating what are called rent gaps which happen when the rent atlanta's are receiving stagnates while the potential economic returns of that area increase this creates an incentive for real estate capital to redevelop to close the gap and cash in on all of that potential which as we know pushes people out of their neighborhoods and makes housing less affordable well there's a new theory that Airbnb is also having a sordid affair with gentrification since Airbnb is helping gentrification to create new rent gaps out of nowhere and is also providing the means to close them that is a terrifying power when Airbnb is in town there is an immediate gap between the rent that landlords are getting and the potential returns they could get from switching to short-term rentals and they don't even have to invest in redevelopment or improvement all they have to do is a victor Corrine tenant or fail to keep their long-term rental on the market when their tenant moves on this means that Airbnb is helping gentrification to take over and displace people from popular and up-and-coming or well-placed neighborhoods where instead of wealthier long term residents coming in there are tourists the only way that people can stay long-term is a rich enough to offer the host more money than what they would get through Airbnb so Airbnb is making this crisis of global creating gaps between what local landlords are receiving in rent and what they could earn if they welcomed well up tourists from around the world so local residents are increasingly being forced to pay housing prices set by global rather than local demand there are a lot of people out protesting this like in Barcelona and Amsterdam but honestly most people are just fully shipping housing market with Airbnb and this is true despite the fact that the majority of people capitalizing on Airbnb sharing economy powers are well-off white people in New York's predominantly black neighborhoods white hosts earn a dramatically larger share of revenue than their share of the population posts were also found to be prone to reject African American guests tying gentrification powers with racial segregation over one quarter of revenue is earned by commercial hosts who own multiple homes or three or more private room listings meanwhile affordable housing continues to decrease unions for hotel workers are being weakened and jobs lost it's such a mess I personally think that Airbnb is also in bed with housing crisis which would make sense if they are in fact one in the same person but one thing is clear the greenbelt of regulation may be unequipped to defeat housing crisis but when the belt hits the floor it is utter chaos we can't expect ditching the belt to save us we need some fresh new ideas to defeat housing crisis thanks Mexi don't forget to check out her awesome Channel when you're done here for all kinds of cool videos about communism public about comics so does all this mean that housing crisis is undefeatable will his reign of terror over the citizens of the world never cease not necessarily I think if we accept my theory that housing crisis and housing market are one in the same we give the characters in the comics a chance not just to defeat the bad guy but to start a whole new and exciting franchise housing market draws his power from the property force the psychic field that sustains private property in the minds of all three people and fair warning I am going to indulge in a little fanfiction here the series has been running for hundreds of years but how would we conclude it how would we like to see it end in my ideal ending to the series housing markets allies learn the awful truth that he secretly been the villain all along and in a climactic showdown they threw all him into the vortex of the property force killing housing market forever but since housing crisis draws his evil power from poverty and homelessness killing housing market and destroying the property force doesn't automatically make those things go away instead all those other supporting characters have to come together and do what they always hoped their old hero would build something new what would happen to all the properties that housing market used to watch over what would happen to all the little side characters like the landlord's over the property force destroyed there are no more landlords and really I think a lot of fans in the series would be happy with that change it's not like landlords are a super popular character right now I mean they've been around a long time sure but it's not like I have any cool powers they're basically the jar-jar of this what a landlord's actually produce how do they benefit Society in the world of the comics all our powers come from housing market all landlords really do is sit around and take care of the characters money and exchange for doing nothing yeah they have all stuff like insurance and repairs but the other characters in the comics could handle those things for less money if landlords weren't also charging rent on top without housing market landlords are powerless so I guess they gotta find jobs producing something useful for society and here's the really awesome part we already know it's canon in the official comics that in some circumstances characters can have their homes forcibly bought out from under them like an issue to 0:13 when characters living in West Kensington in East London had their homes confiscated and demolished to make way for a new shopping centre and if it's already Canon that people can have their property expropriated for a new mall each surely not that much of a leap to say they could be expropriated so people could actually live in them only this time the money for that forced buyout would be all the rent that's already been paid over the whole time a series has been running and landlords just get to keep all of that money they still don't have to give it back which sounds like a pretty sweet deal to me I mean yeah you can't take half of somebody else's paycheck anymore but you get to keep all the money you already took and we know landlords estate agents or property developers gentrification loses all his powers too we might even see reverse gentrification as folks from poorer neighborhoods move into empty homes in ritzy neighborhoods that previously nobody could afford but an isle if that's the case then who owns all the properties well that's the awesome bit nobody does you know what that means that means that if a character in the comics has a job that they hate or their boss is an [ __ ] or they need to take time off of work to care for a relative or paint a painting on it now go on a protest join a union get involved in politics they can do it they can say screw you I don't need your job anymore because I don't need to make rent because there is no more rent that means that all the background characters the little characters who for so long have been playing second fiddle to housing market as the hero of the series they become the protagonists of the comic yeah it sucks if you've already paid half your mortgage and you don't get that money back but on the other hand at least you don't have to pay the other half and at the end of the series with the property force destroyed who would the big losers be rich landlords banks who got people into debt and people who are using property to launder money the very same villains who've been allied with housing crisis from issue number one some fan fiction writers like to imagine that the state could take over some of housing markets powers but that's kind of already been explored and an alternate universe run in the comics set in Russia which remains pretty controversial even among fans although another comic book writer called Hugo Chavez wrote his own spinoff series set in Venezuela where he used the state to recognize small teams of Venezuelan superheroes called communes and gave them the power to expropriate and administer property that left the communes to do their own thing without the state getting too massive and bureaucratic but still gave those small teams of superheroes some backup and legal legitimacy when they needed it it also meant that the powers they had were hard to take away again if all the powers are the property for us had transferred to the state that all it would take is one bad election and the bad guy gets resurrected although speaking of the global South that he's maybe worth remembering that we are talking here mainly about country that are already really rich enriched by colonialism and exploitation abroad that has yet to be remedied I mean the reason London has a lot of extra housing stock is because it was a huge industrial center and it was a huge industrial center mainly because it was a city through which Imperial plunder flowed for centuries in the comics but however the series does conclude I hope that we can all keep dreaming up new ways to take it forward and let the story grow and evolve so that people all over the world can get to know the great characters and comics that we all love thanks so much for watching you awesome awesome nerds make no mistake joking aside the housing crisis is a massive waste of human life it's completely avoidable it's totally unnecessary and frankly it's a moral crime that we continue to treat shelter as a commodity that can be bought this week's video was sponsored by comic cranked comic crate are a monthly loot crate service you can sign up to and I'll send you all kinds of awesome nerd gear in this month's crate you can get a han Solo bobblehead a super cool Thanos Infinity Gauntlet to celebrate the release of Avengers and game and a copy of - Kappa Tau if you use my special discount code Niall content maker you can get 20% off your first order so hurry up and visit the market is the crisis calm / content maker today [Music] [Music] [Music] [Music] you you

Channel: Philosophy Tube

Views: 497,270

Rating: 4.8531427 out of 5

Keywords: philosophy, philosophy tube, housing, housing crisis, gentrification, oliver thorn, mexie, superhero, marvel, comics

Id: qihG6AGjkRk

Length: 20min 37sec (1237 seconds)

Published: Fri Jan 11 2019

Reddit Comments

[u/RealPhilosophyTube]

Thanks for all the feedback, /r/breadtube! I'm seeing a few people say that they thought I could have gone into more detail on solutions, that's a fair cop - it's also my Number 1 Note To Self from this video too! I'm planning on talking more about it on the post-mortem livestream: hope some of you can join me there! Keep an eye on Twitter to find out when it'll be - probably sometime next weekend!

[u/ILikeMonitorLizards]

I'm I the only one who thinks this was well done? People keep saying this missed, but I think it accomplished everything it set out to do.

[u/[deleted]]

dat loot crate joke at the end

[u/Oshojabe]

What this video feels like.

[u/Thi51Guy]

That thumb nail is gold

[u/YoungMalatesta]

Housing co op confederation anyone?

[u/mostlycharmless9]

Hell yeah, new Olly video. That explanation of rent gap was super informative.

[u/[deleted]]

That’s great Mexie is getting more recognition.

[u/shadowmask]

Man, this is a really amusing idea but I think this might be the first time Olly's arguments completely failed to move my position on a topic. Mostly I think the gimmick restricted his ability to go into any detail about the options he was suggesting as an alternative.

I'm not sure I understand how something like a local housing commune would operate or how it would be much better than landlords. If the commune is deciding how to allocate housing on a basis other than financial, how does that not immediately get bogged down in prejudice, favour trading, and bribery? Anybody got an article I can read for more detail?