3 ms·
In your eg, what is the problem exactly? This a rhetorical question, I’m just not following.
by weberc2 7y ago
In your eg, what is the problem exactly? This a rhetorical question, I’m just not following.
- Infinitesimus 7y agoAs more wealth is tied up in houses and houses are passed on to children, owning a house will become even more dependent on the wealth of your parents than your income. Someone with a house they pay low taxes on but is worth several millions is unlikely to sell so housing prices will keep shooting up and exclude many people who simply weren't lucky enough to be born to richer parents.