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Sure, and I said as much in my comment. Housing prices need to fall. But policy makers concerned with the "net good" would make a bare minimum effort to account
by dahfizz 3y ago
Sure, and I said as much in my comment. Housing prices need to fall. But policy makers concerned with the "net good" would make a bare minimum effort to account for the millions of people they would harm with their policy.
Something like allowing people to deduct their home's depreciation on their taxes would go a long way in actually getting policy support and passed.
Try to allow for a little nuance sometimes.