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Sure, and I do agree we should tax more if people owns 3, 4 or 5 homes. But in most cases those investors are just renting out again. So they don’t reduce the
by jeromegv 2y ago
Sure, and I do agree we should tax more if people owns 3, 4 or 5 homes.
But in most cases those investors are just renting out again. So they don’t reduce the pool of housing. So they might increase the purchase price, but they contribute to more rental being available. At the end of the day the same amount of housing is available. So investors aren’t the cause of housing shortage.