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People want more than just housing from housing. Some people want a system of wealth distribution to allow new entrants to the market (the young and/or disadva
by nitrogen 7y ago
People want more than just housing from housing. Some people want a system of wealth distribution to allow new entrants to the market (the young and/or disadvantaged) to build capital. Some want a place that they can call their own and customize as they see fit. Some want to be invested in a community. Some don't want to have to listen to and smell their neighbors through cheaply built shared walls.
If the existing capital holders build a bunch of rentals, then many of those goals are not possible.
- cycrutchfield 7y agoThat’s great and all. Let’s just continue with single family homes then. You know what’s better than that young couple having to rent for a while instead of buy? Having them be priced out completely and forced to commute from an hour away or move out of the area entirely.
- 0815test 7y agoPeople have all sorts of delusions. Cheaper housing, by and large, makes it easier for new entrants to build wealth, whilst having a place that they can call their own.