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This might work if you put a hard cap on how much property any entity can own individually or by proxy. Otherwise Blackstone, et al. will build the cheapest apa
by arrosenberg 3y ago
This might work if you put a hard cap on how much property any entity can own individually or by proxy. Otherwise Blackstone, et al. will build the cheapest apartment blocks they can everywhere and lock average Americans out of ownership until the revolution comes.
- ZoomerCretin 3y agoHomeownership only has value because it's effectively (buy-in) rent control. Without rent being too expensive, there's no real need for homeownership. It's actually a negative when you consider reduced mobility and the cost of selling.
- lotsoweiners 3y ago> It's actually a negative when you consider reduced mobility and the cost of selling. A lot of us homeowners enjoy the things you described here. I want to live in a neighborhood with people who have lived here 5-10+ years. The last thing I want is for my family to be amongst a transient population who have no vested interest in their neighborhood.