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The home crisis can be solved if we insist that people can buy property only for living and not as an investment. Chinese are buying homes in Canada which is th
by nthingtohide 2y ago
The home crisis can be solved if we insist that people can buy property only for living and not as an investment. Chinese are buying homes in Canada which is the reason for housing crisis there.
- FL33TW00D 2y agoWhy not just construct more homes?
- nthingtohide 2y agoProblematic. Nearby city centre homes will be snatched up by those who have capital while others will have earn for 4-5 years to be in a position to buy
- ryandrake 2y agoExactly. If the problem is "Rich people and private equity are snatching up every home that gets built, as investments" then the solution cannot be "just build more homes." Those homes will just get snatched up by the same people.
- deleted 2y ago[deleted]