2 ms·
> What it would do is make residential property a much less attractive financial investment. While I agree with this, bear in mind that for some people, housin
by gedy 4y ago
> What it would do is make residential property a much less attractive financial investment.
While I agree with this, bear in mind that for some people, housing is the only "investment"/inflation hedge available to them. Without public pensions, lower to middle class people need something to fund retirement and we should be careful that " make residential property a much less attractive financial investment" doesn't just hurt those people vs the REIC, Berkshire Hathaways, etc.