8 ms·
Restricting home ownership as investment while not restricting apartment property investment or commercial property investment doesn't make things more fair. I
by Macross8299 8y ago
Restricting home ownership as investment while not restricting apartment property investment or commercial property investment doesn't make things more fair.
It just puts property investment out of reach of the average middle class person and restricts social mobility.
e.g. a high-school drop-out plumber can afford to buy a house and rent it out based on just wages/credit, but he likely can't afford to do that with an apartment building.
- ricardobeat 8y ago“Homes” includes apartments. Commercial properties are, well, commercial, and don’t need any regulation of this kind since the goal is to ensure that people have access to housing.
- Macross8299 8y agoThis Amsterdam law only applies to houses (single family dwellings), as far as I can tell.