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disallow all speculative investment in property (foreign or otherwise), voila, instant price drops and quality of life increase for anyone who doesn't already o
by orangecat 14y ago
disallow all speculative investment in property (foreign or otherwise), voila, instant price drops and quality of life increase for anyone who doesn't already own a home.
Well, that or massive shortages and black market sublets. I agree that housing is way too expensive, but before coming up with new ways to solve it with central planning, how about fixing the central planning that's a primary cause of the problem (e.g. http://news.ycombinator.com/item?id=4032046 http://news.ycombinator.com/item?id=4032046).