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A temporary ban seems like it won't be very impactful in the long term. Have these sorts of policies, even when permanent, had much of an impact on places wher
by Rebelgecko 5y ago
A temporary ban seems like it won't be very impactful in the long term.
Have these sorts of policies, even when permanent, had much of an impact on places where they're implemented? From what I've heard it doesn't seem to have cooled off the market in places like New Zealand
- potatochup 5y agoIt didn't have measurable impact in NZ. NZ has many other, bigger, problems w.r.t. housing affordability though. I think it's a policy worth doing even if it doesn't actually reduce house prices because it removes an obvious scapegoat, and shifts the discussion to other, hopefully more effective solutions.