4 ms·
> If it continues for another decade, we can presume no young person today will ever be able to afford a home. You want to lay blame? 30% of all homes in the l
by rekabis 3y ago
> If it continues for another decade, we can presume no young person today will ever be able to afford a home.
You want to lay blame? 30% of all homes in the last year have been bought by speculators and rental investors.
That’s right… one in three homes were bought by someone who will never live in it, but who has hoarded it in order to ransom it back to the community for more than it’s worth, thereby denying another working-class family the ability to exit the rental market and contributing directly to our housing problem.
No wonder shit is so out of whack here.