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It's true that it's a carve out, and current young generations are having huge problems getting homes in a lot of the world. But in the Netherlands, the overal
by icegreentea2 11mo ago
It's true that it's a carve out, and current young generations are having huge problems getting homes in a lot of the world.
But in the Netherlands, the overall home ownership rate is still about 70 percent (https://ec.europa.eu/eurostat/databrowser/view/ilc_lvho02__custom_19156616/default/table?page=time:2023 https://ec.europa.eu/eurostat/databrowser/view/ilc_lvho02__c... might need to drill down a little).
In the US it's 65 percent.
Carve outs for home owners are some of the most understandable political strategies across the developed world.
- appreciatorBus 11mo agoI totally get that it’s an understandable political strategy. I just think it’s in defensible as anything but a political strategy, and that it will ultimately make life worse for more people versus simply treating assets as assets, including homes. If homeowners do not wish their homes to be treated as assets, then they could simply forgo the right to profits, but I suspect they will not do that.
- maxldn 11mo agoWhile I don’t disagree, I think it’s worth noting that the Netherlands has a pretty good level of social housing. Not perfect, but I think it’s 26% based on the stats link in the parent. Also rent controls. Although these also tend to reward people who have been in the system longer (which _might_ be by design, but that’s just like my opinion)
- appreciatorBus 11mo agoSocial housing and rent controls are not a substitute for basic tax fairness. Of course, as a political tactic, it’s a great way to distract from tilting the entire tax system toward those who already have the most rather than trying to at least try to achieve some sort of a level playing field.