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I think anti-profiteering laws could be helpful. If you bought land and built a house and want to live in a quiet neighborhood until you die, fine. But maybe if
by Causality1 5y ago
I think anti-profiteering laws could be helpful. If you bought land and built a house and want to live in a quiet neighborhood until you die, fine. But maybe if you vote against expanded housing you don't get to sell your house for more than you paid for it, or maybe don't get to sell it at all while you're alive.
Separating the homesteaders from the investors would do a lot of good.
- what_is_orcas 5y agoThis is something I've been thinking about a lot: how to make homes less of an "investment". When I bought my house my realtor seemed unable to accept that I don't plan on ever selling. I bought this house because I like it and I want to live here, not because I think I can sell it in a few years. I work remote and I hate moving. I know a lot of the HN crowd hates the thought of government regulation but I do agree that the individual interests are directly at odds with community interests and I'm not sure how to correct that without regulating the individuals.
- tata71 5y agoAnd if you regulate those individuals, they will never trust an economic policy you push forward again, because you majorly pulled the rug, after building a ponzi scheme that they were monkeyed into taking part in.
- greedo 5y agoEveryone is an investor at some point in a home. You may not realize your gains for a long time, but the idea that someone who purchases a house isn't allowed to sell it while alive will never fly.