5 ms·
Same with partial housing investments, this is more bourgeoisie garbage. Hope this trend dies.
by atopia 3y ago
Same with partial housing investments, this is more bourgeoisie garbage. Hope this trend dies.
- PaulHoule 3y agoWhat do you mean by “partial?” Do you mean condominiums, timeshares or fractional ownership in some other form like REITs?
- atopia 3y agoSorry, wasn't specific - and yeah mostly stuff like Pacaso, timeshares, and REITs all deincentivize the creation of low income housing and decrease affordability. This is mostly a personal view, but second home ownership should come with serious costs. Source for claims on decreased affordability: https://www.sciencedirect.com/science/article/pii/S0264275119314556 https://www.sciencedirect.com/science/article/pii/S026427511...