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>Homes need to stop being seen as an investment, but rather a consumption, much like a car or other goods. I'm a little skeptical that homes being disposable i
by geoduck14 4y ago
>Homes need to stop being seen as an investment, but rather a consumption, much like a car or other goods.
I'm a little skeptical that homes being disposable is a good idea.
- BenFranklin100 4y agoWho said anything about disposable? In fact, they could make attractive rental investments maintained and held over decades if not a century. See Vienna’s social or privately owned housing that is rented out. Housing simply should not be seen as the primary personal investment vehicle for the average person.
- deleted 4y ago[deleted]
- gtirloni 4y agoBy their own nature, they will never be disposable in the original sense of that word.
- geocon 4y ago"Consumption" doesn't mean disposable, it means homes should be used to be used to fulfill needs and desires, and not used to increase wealth (as an investment good). Easiest way to do that is a land value tax; the home itself is not what is appreciating in value anyways, the land is what is appreciating.
- postalrat 4y agoSo instead of private megalandlords you want government gigalandlords.
- geocon 4y agoPlease, taxing something doesn't mean the government owns it. Does the government own someone's home because they have to pay property taxes to the city for paving the streets and running the garbage service?
- postalrat 4y agoThey are collecting rent as taxes and if you don't pay the rent they kick you out. I'd say they own it. The homeowner just owns the liabilities.
- geocon 4y agoDo you think the government owns you too, since they take a portion of the proceeds of your work and will put you in jail if you don't pay it?