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Lol, more silly ideas. anyone who wants a house can have one? How exactly is that going to work? Who will build these houses, exactly? The government will pay
by endisneigh 5y ago
Lol, more silly ideas. anyone who wants a house can have one? How exactly is that going to work? Who will build these houses, exactly?
The government will pay for deposits? Why exactly should the government be subsidizing home ownership? Why not just allow more houses to be built? Government intervention is why we have issues to begin with.
Reminds me of posts advocating for rent control but lamenting how they can’t find an apartment, as if the two issues are not related.
- axlee 5y agoIn Paris, 3.5% of households own 50% of apartments on the rental market. Add institutional investors, you are probably looking at 70%+. I'm sure it is the same in every large city. In the whole country, 24% of people control 68% of the housing. Tell me again what needs to be built? Source: https://www.nouvelobs.com/economie/20211126.OBS51459/3-5-des-menages-detiennent-la-moitie-des-appartements-a-louer.html https://www.nouvelobs.com/economie/20211126.OBS51459/3-5-des...
- endisneigh 5y agoIrrelevant - more housing equals cheaper rent. Or put another way, do you think removing housing from the market makes rent more or less expensive?
- axlee 5y agoThe reason so many are forced to rent is because they cannot buy. At the end of the day, the population is mostly housed, but only a very small percentage benefit enormously from it because they own all the property.