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> Ignoring the reality Leaving everything to the mercy of international markets is not an inherent feature of reality. Many countries had, and have, limits on
by deogeo 7y ago
> Ignoring the reality
Leaving everything to the mercy of international markets is not an inherent feature of reality. Many countries had, and have, limits on foreign ownership of real-estate (and media), as well as reduced taxes on people's main residences, and this can make houses more valuable as homes than financial instruments. They are not 'ignoring reality' by adopting these policies.