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Completely agreed, unfortunately we will never reverse this because every person using their house/property as an investment will cry foul. We need to offer ta
by effingwewt 5y ago
Completely agreed, unfortunately we will never reverse this because every person using their house/property as an investment will cry foul.
We need to offer tax breaks or something in lieu of appreciation of property.
It's going to forever price out the younger generations, save those who make enough to absorb the costs or have credit/co-signers who do.
What are the generations who don't own a house, have no retirement, supposed to do- work and pay rent( read- enriching the rich) until they drop dead?
Ridiculous and sad.
- tata71 5y ago> credit/co-signers who do. It's how the new Feudal Lords will come about.