4 ms·
So maybe instead of (just) building, make real estate a poor investment? High taxes for more than one home, more difficult eviction procedure and on the other s
by bornfreddy 3y ago
So maybe instead of (just) building, make real estate a poor investment? High taxes for more than one home, more difficult eviction procedure and on the other side affordable mortgages for first homes. This way you make them unattractive for investors and more affordable to actual users.
Of course, this could also result in just rents going up, so maybe also put a cap on that?
- cglan 3y agohow would that help if there's no supply?
- jjav 3y agoThere isn't enough mention of AirBnB in this discussion. There are areas where a lot of housing is being built but most of it is is siphoned off the local-resident market by investors who convert them into AirBnB rentals. So now all this housing stock exists, but only to serve tourists, and the locals can neither rent nor buy a place to live.