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Yes, let's do everything apart from increasing supply, surely this time that will work. There's some sanity in the comments of the article which explain the sil
by howerj 3y ago
Yes, let's do everything apart from increasing supply, surely this time that will work. There's some sanity in the comments of the article which explain the silliness of the articles thesis.
- ethanbond 3y agoCausing landlords and speculators to actually put units to market does increase supply, without the added complexity (and cost and time lag) of having to build it first.
- JetSetWilly 3y agoIt doesn't increase the supply of houses. It increases the supply of houses for sale, and reduces the supply of houses for rent. I don't see why this is a better state of affairs, especially if you can't afford to buy.
- howerj 3y agoThat's a temporary solution at best, and hurts those that cannot afford to buy even with reduced prices which I believe is what is happening now. Lots of small time landlords exiting the market due to changing in taxation causing rent to increase. Oh, and house prices are still rising.