3 ms·
> banning all investment in companies that grow or sell food Nobody wants to ban companies from building and selling houses. Buying them and keeping them as in
by bjornsing 5y ago
> banning all investment in companies that grow or sell food
Nobody wants to ban companies from building and selling houses. Buying them and keeping them as investment vehicles is something else entirely.
- sokoloff 5y agoInvestment buyers and owner-occupants both provide the cash to the homebuilders to allow them to go build the next home. You can't sell a home without a buyer. I don't think requiring anyone who wants housing to be financially able to buy an entire home is sensible, meaning that some entity needs to be in the business of paying for more housing than they personally need to allow people to have housing who can't or don't want to buy an entire dwelling unit. Maybe you want the government to have a monopoly on that activity, but someone needs to provide it or you end up with far less access to housing and far more people living on the street than currently.
- Workaccount2 5y agoNobody wants to ban them, but also NIMBY.