4 ms·
> You shouldn’t be able to make a tonne of money by just buying a house and sitting on it. Maybe you should instead think of it as sitting on a piece of _land_
by xienze 5y ago
> You shouldn’t be able to make a tonne of money by just buying a house and sitting on it.
Maybe you should instead think of it as sitting on a piece of _land_, not a house. Twenty years ago you bought a house in the middle of nowhere, now because of people moving to the area it’s desirable and thus worth a lot more. Whose fault is that?
- mikem170 5y agoOne could argue that if the community expanding over a couple of decades is what made a house more valuable then it would be appropriate for the community to receive the profit, and not the home owner who just sat there.