4 ms·
> public housing, .. If you own one, you cannot own a second one. How is this a downside? That's the only way a subsidizied public housing system could work.
by beaunative 5y ago
> public housing, .. If you own one, you cannot own a second one.
How is this a downside? That's the only way a subsidizied public housing system could work.
It's ludicrous you are describing the negatives from the perspective of a investor instead of a resident, that was precisely the point of the whole scheme, to make it easier for a regular resident to live, who pays tax and contributes to the local economy.
- seanmcdirmid 5y agoI didn’t read their comment as explaining this as a negative, just that ownership rates are non comparable.
- beaunative 5y agoI guess if it comes to that, I would say the only reason home ownership is measured in such a way and thus a meaningful metric, as a percentage of the population rather total number of units which sounds silly already, is to measure the easiness for the young to build a life. Ownership rates bears little to no meaning if we are considering it in the frame of investment wherever you are.
- maeln 5y agoYes that is what I meant.