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I think because of ex post facto, it would take 2 years at least for the housing problem to be solved in this scenario, and I don't know if handing private assets over to any particular federal government (ahem, US government) would result in the benefit to unhoused people that this comment suggests.
First sellers get rewarded tho. Imagine massive housing speculation tank, but if you sell quick, maybe you beat it. So it doesn't take two years.
Landlords are scum, but tenants are fucking disgusting.
You don't hear much about good tenants or landlords for two reasons.
One is of course the simple matter that people who are content tend to be quieter. Same reason that it's easier to find complaints about most products.
The other is reduced exposure. Good tenants will generally stay in one place longer and good landlords will retain tenants for longer periods as well. So you end up with just fewer people to even potentially say anything about them, good or ill.
And Airbnb. Fuck that company and the people that buy houses and use them for this. My parents live in the mountains in a popular spot for vacations and camping. Nowadays they are the only house on their entire street that isn't an Airbnb.
Unused housing should be taxed mercilessly.
And single-family homes should have a 100% annual tax on them, unless they are owned by an individual human/family (none of this LLC bullshit) who own only 1 house. Make a 6-month exception for inherited houses just so they can be sold, but otherwise just tax the shit out of them.
Make hoarding housing a liability.
I don't like the idea of US government taking the property at below market value, since that would violate the takings clause of the Constitution.
What I would be in favor of is a real estate tax that increases if a property isn't permanently occupied. Something that would encourage people to either reduce rent or unload the property.
It should be a reasonably gradual increase so that landlords aren't penalized if they can't find a tenant in the first or second month the unit is vacant. However if it's been a year they should be approaching the point of owing more in taxes than the property is worth.
Then you can take it for back taxes.
It would also discourage air b2b type arrangements, unless you own and live in the property. No more buying a house so you can rent it out for exorbitant rates.
The current federal government? This is about the United States Federal Government?
LOL, nope don't trust them.
They'll seize the houses of "smaller" landlords and give them to the 1% rich landlords, and their houses would be exempt from the regulations. Then they will raise the rent even more, and this time, they will actually have good lawyers, and the tenants will lose every time.
The government needs to be fixed before we can even attempt to fix other issues.
This government would seize housing, then deny access to people of color, LGBT people, people with disabilities (yes the ADA exist, but fascists ignore laws), probably anyone who ever voted registered as a democrat, and anyone else critical of the regime.
I’m a condo super, there’s one apartment in my building that has been vacant for 5+ years and the owners i think live in Hong Kong. If someone busted in there they could squat for years