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> Build more homes Building more homes... purchasable only by people (corporations) with money... to be rented out. Yes that is definitely something that hasn

• taylodl 3y ago
  Reminds me of a meme where a lady is complaining that she can't approved for a mortgage and is forced to pay rent that's even higher than the mortgage would have been! Yeah, that's going to work! I think people are starting to learn again that the point to the game of Monopoly was that once someone has cornered the housing market, everybody else goes bankrupt. Now you're just watching it in real life. It's a human tragedy, but the market doesn't care.
• digitaltrees 3y ago
  The rest of my post would address that point. Prohibition on institutions investing. If needed put a cap on the number of units a person can own in one jurisdiction. Housing could be for use not investment if we wanted such a policy landscape. There may be unintended consequences but it’s a worthy experiment.
  • seanmcdirmid 3y ago
    What about apartment buildings built for rent only? Surely these can only be done by institutional investors, no single person has the capital to do a 100-200 unit apartment building?
  • inetknght 3y ago
    > If needed put a cap on the number of units a person can own in one jurisdiction. Individual people? Let's talk about investment companies as vehicles then.