4 ms·
Agree. Landlords take a huge cut of the wealth flowing through large cities like SF. They are purely parasitic. Real housing reform looks like Berlin, where the
by ahelwer 7y ago
Agree. Landlords take a huge cut of the wealth flowing through large cities like SF. They are purely parasitic. Real housing reform looks like Berlin, where the people are trying to get a referendum to expropriate housing from big landlords[0].
Treating housing as an investment is completely at odds with the ideal of housing being affordable.
[0] https://www.economist.com/europe/2019/04/11/a-referendum-to-expropriate-apartments-from-big-landlords-in-berlin https://www.economist.com/europe/2019/04/11/a-referendum-to-...
- baby 7y agoRents in France are actually fairly reasonable due to rent control. Prices to buy are high and it doesn’t really make real estate an attractive investment.