3 ms·
> this would be defeated by enlisting family members as back-up primary residents I don't see how. The family members still have to live somewhere. Oh no, the
by HWR_14 5y ago
> this would be defeated by enlisting family members as back-up primary residents
I don't see how. The family members still have to live somewhere. Oh no, the person rents to their kid as opposed to a stranger! It still means that wherever that kid was going to live otherwise isn't rented out to them and is on the market.
> fraud would be in people lying about their primary residences.
Yeah, I don't see how. Everyone gets one. So, if you don't need a home and are responsible maybe you get hired to rent out an empty place? It doesn't scale.
> people lying about others’ lack of primary residence to appropriate their homes for their cronies.
That's stupid. It seems just as possible as people lying to get your bank account. There are all kinds of ways that people have to let the government know where their primary residence is.
- JumpCrisscross 5y ago> wherever that kid was going to live otherwise isn't rented out to them and is on the market The kid could have been living at home. One spouse in one house, one spouse in the other. Et cetera. > just as possible as people lying to get your bank account You're proposing an ad hoc centralized mechanism for expropriating and re-assigning a multi-trillion dollar asset class. This has clear and one-way precedence in history.
- deleted 5y ago[deleted]
- HWR_14 5y ago> he kid could have been living at home. One spouse in one house, one spouse in the other. Yes. If the "super-fraud" is that 18 year olds move out to unclaimed apartments or that couples can have a vacation house, I am remarkably okay with that. > You're proposing an ad hoc centralized mechanism for expropriating and re-assigning a multi-trillion dollar asset class. This has clear and one-way precedence in history. Except for the ad-hoc nature, the fact that property records and ownership (as well as lists of people's primary residences) are already centralized, that centralization and decentralization of real estate have precedence within the same society at different times, I totally agree. So I guess that's "multi-trillion dollar asset class" I agree with.