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A slow bleed by leveling out home prices. No appreciation, but no decline. Just let inflation catch up.
by reducesuffering 3y ago
A slow bleed by leveling out home prices. No appreciation, but no decline. Just let inflation catch up.
- tmnvix 3y agoYep. Keep price rises in check by slowly introducing wealth taxes (LVT, capital gains, whatever). Balance this with decreased tax-take from income. Also ensure that central bank remit takes proper account of property inflation to keep interest rates in check (i.e. not letting them get too low while house prices are rising too quickly).
- zbrozek 3y agoDon't forget actually building homes cheaply.