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There is a difference between building a building that is actually providing housing to a local area and this bullshit where you buy property and just let it si
by siliconc0w 3y ago
There is a difference between building a building that is actually providing housing to a local area and this bullshit where you buy property and just let it sit empty as an investment vehicle. The latter is actively harmful and essentially freeloading off the growth/work of the local community and the former is beneficial.
- AnthonyMouse 3y agoIt only works as an investment vehicle if construction is constrained which keeps the prices going up as demand increases and supply can't. If you want to screw the people doing that, build enough new housing that prices go down and they lose money on their investment.