Social housing serves multiple purposes but struggles without a supportive ecosystem, making its maintenance challenging. The current societal framework emphasizes homeownership as a substitute for safety nets, compelling individuals to leverage their homes for financial needs. As community housing models expand, societal perceptions shift from prioritizing homeownership as a wealth-building asset towards valuing stability and reduced housing costs. The rising pressures of privatizing social housing warrant a significant and proactive state response to uphold these essential housing models and their contributions to community stability.
Housing has many purposes, but without a supportive ecosystem, it is hard to maintain social housing models, especially when they are not common.
Homeownership has become a substitute for a social safety net, forcing individuals to use their homes for profit or as collateral for other social needs.
As housing models scale and become more common, the perception shifts towards valuing stability and savings over homeownership and wealth through asset appreciation.
In the face of growing profit motives from privatizing social housing, a state response is essential to maintain these essential models for community well-being.
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