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The problem is not home ownership itself, it's the system of incentives and tax breaks governments have used to promote it to the point where housing markets ha
by simonh 6y ago
The problem is not home ownership itself, it's the system of incentives and tax breaks governments have used to promote it to the point where housing markets have become massively distorted. It's this policy of government interference in markets that the article is arguing against. If you still want to own your home that's fine, I can't imagine the flagship journal of market liberalisation arguing against you, but why should you benefit from massive subsidies and artificial constraints on supply to ratchet up the value of your property?