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The Political Orphanage

How Godzilla Beat the Housing Crisis

The Political Orphanage

Andrew Heaton

Comedy, Moderate, Politics, Independent, News, Nonpartisan, Libertarian

5951 Ratings

🗓️ 28 May 2025

⏱️ 56 minutes

🧾️ Download transcript

Summary

How does American housing stack up compared to other countries, specifically in terms of full-blown housing communism or free market Japanese housing Nirvana?

In this episode we take a look at what makes housing cheap, what makes housing expensive, and lessons we can steal from foreigners.

LINKS:

Reason TV: "Heaton solves the Housing Crisis" https://www.youtube.com/watch?v=7VmEOgC0CWM

Alain Bertaud: Sim City Was Always Wrong https://politicalorphanage.libsyn.com/sim-city-was-always-wrong

Transcript

Click on a timestamp to play from that location

0:00.0

Everybody needs a toilet. We all got to go. Even Presbyterians use the bathroom occasionally, despite what they may tell you.

0:08.0

So there's one particular country that I'm thinking of, which will remain nameless, logically decided everyone ought to own their own toilet.

0:17.2

We will be a nation of toilet owners. It's not enough to just have access to a urinal.

0:22.9

What do you want, a nation of renters? Like the French? A bunch of hairy dudes stuffing coins into a pay

0:30.3

toilet on the street like a surf? You don't want that. Man owns his own toilet. He's invested in his

0:36.1

neighborhood. He has a sense of permanency and

0:39.4

interaction and obligation to the greater plumbing structure of his community. A renter, they might

0:46.6

flush sanitary objects or baby alligators maybe down a toilet that they don't own. But a toilet

0:52.9

owner would never do that. They've got

0:54.5

skin in the game. They would not flood their own sewer with baby alligators. So this particular

1:00.2

country said, we're going to do everything we can to make toilet ownership affordable for the

1:06.4

average man. Here's what we'll do. If you've never owned a toilet before, we will subsidize your

1:12.3

toilet loan. And we'll really subsidize that loan if you're a veteran. But hold on,

1:16.6

wait, there's more. You can deduct toilet payments from your income taxes. And finally,

1:23.3

we will exclude you from capital gain taxes on toilet resales of up to a quarter of a million

1:28.6

dollars.

1:30.1

Well, what did that do, friends?

1:33.4

That capital gains tax exemption.

1:35.9

It turned toilets into something new entirely.

1:40.8

Previously, commodes were a commodity.

1:45.4

Now, thanks to the tax code, they became an investment.

1:51.0

And people began to realize, wait a minute, I'm putting all of my money into toilet equity.

...

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