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By "banning the use of homes as investment" I assume you mean renting them out. You realize people live in those rental homes, correct? Also, why is it desira
by bpt3 1y ago
By "banning the use of homes as investment" I assume you mean renting them out.
You realize people live in those rental homes, correct?
Also, why is it desirable to force all renters to live in an apartment (assuming those are not banned, and people who are unwilling or unable to own their residence are not forced to wander the streets)?
- lo_zamoyski 1y agoThink systematically. Why are so many renting? I was talking about private equity/institutional and foreign investors, specifically. An average young family cannot compete against them, especially in a housing shortage. Don't hide behind the "freedom" defense. Being priced out of housing isn't freedom. Housing is a place to live and to build a life, not an investment.
- bpt3 1y agoNot being able to buy a SFH isn't being priced out of a place to live. Home ownership is higher in the US than many other countries, and banning certain groups from participating in a sector will not increase supply.