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Just think through the consequences of your policy proposal. What you are saying is you will outlaw investment in a second house for rent. The result will be th
by jeffbee 1y ago
Just think through the consequences of your policy proposal. What you are saying is you will outlaw investment in a second house for rent. The result will be that only the people who can afford to buy a house can live in one. Everyone else, which is half of American households, has to live somewhere else. You haven't specified where that other place is, but I guess it would have to be larger apartment buildings, built and operated by larger organizations (corporations, or at best cooperatives).
I rent my house from the woman who lives next door. I could not afford to buy this house. I have a nice garden and my kids go to great schools. Your policy means that this arrangement is forbidden. My family is not allowed to access this life because I am not rich enough. That is a bad policy.