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What are you proposing by "cracking down"? I disagree with your sentiment but do think that it is absurd the federal government subsidizes mortgages on second
by pirate787 5y ago
What are you proposing by "cracking down"? I disagree with your sentiment but do think that it is absurd the federal government subsidizes mortgages on second homes. But I haven't heard a single proposal from the left to eliminate that welfare program for the wealthy.
- HeyLaughingBoy 5y agoProbably because once you get away from the coasts, you realize that a lot of people with second homes are not what you'd typically think of as wealthy. Around here a second home is often a cabin "Up North" or a trailer home on a few acres where you go hunting a few times a year or spend weekends. Something your average electrician or plumber can afford. Good luck to any politician that goes up against that!
- breadbreadbread 5y agoJust to be clear, Landlords and Home Owners aren't the same. I do live in a coastal city, but I think even rural/suburban areas would agree that the real estate market has made home ownership less and less achievable. I suppose that the issue I'm concerned with is more generally about the American real estate market at large, landlords/the rent cycle are just a part of that.
- deleted 5y ago[deleted]