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>Yes, society probably won't crumble if we cave to your whining and regulate your pet issue of the minute I disagree, and I think this sort of nonsense is a co
by thepasswordis 4y ago
>Yes, society probably won't crumble if we cave to your whining and regulate your pet issue of the minute
I disagree, and I think this sort of nonsense is a cornerstone of why society is crumbling. People don't look at their homes as homes they look at them as temporary investments that they hope to sell to somebody else for more money in the future. People don't end up investing (in the societal, emotional sense) into their communities and their homes because they recognize that they don't really own them.
Give the rights back to the people to own their homes and they start to care again. Tell property investors that I'm sorry, but actually you might have to deal with a guy who doesn't give a shit about weeds and likes to work on his car in the driveway next to your investment and maybe houses stop being such a safe speculative vehicle.
- nine_k 4y agoIf housing ceases to be a relatively safe investment vehicle, what will become it? I dislike the idea of home-as-investment as much as the next guy, but I'd like to think about some consequences of houses stopping to be an investment, Japan-style.
- deleted 4y ago[deleted]
- olifante 4y agoIf houses were no longer an investment but rather just poaces to live, the result might be that more and better housing would be constantly being built. This is one of the points of this article that was posted here the other day: https://noahpinion.substack.com/p/actually-japan-has-changed-a-lot https://noahpinion.substack.com/p/actually-japan-has-changed...
- nine_k 4y agoThat's fair and understandable. I wonder where the investment of the "nest egg" investments would go.