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> Introducing a tax that crashes property prices is what I disagree with And yet NIMBYs introducing laws to accumulate wealth in property at the expense of non
by epicureanideal 4y ago
> Introducing a tax that crashes property prices is what I disagree with
And yet NIMBYs introducing laws to accumulate wealth in property at the expense of non property owners was another interference in the market that this is balancing out.
Creating situations so bad that legislation is introduced to reduce the gains is a risk people take when they try to take advantage of horrible systems.
- robocat 4y ago> NIMBYs I think the core of your argument distills down to “tax them”. Maybe you get an inheritance, or a job at Google, or win the lottery, but at some point “them” most likely becomes you. I am middle aged and I bought my first home a few years ago. I have wealthy friends and I have poor friends. Real estate is fucked, and I would love to see solutions to make homes affordable for everybody. I don’t appreciate the commonly regurgitated one-eyed political arguments.