Investors, meaning they will want return, meaning get ready to pay more. This might be an unpopular opinion, but housing should be limited to 1 ownership per person and managed by governments.
managed by governments.
Money’s paw, seeing the current US government: “Really? Easiest one ever.”
finger curls
Any idea will turn to shit if you let republicans and other conservatives near it. They’re the worst people.
They do manage section 8 housing, not sure how effectively.
Pretty effectively to be honest. For a largely underfunded program. Mileage will vary with some managers.
Even if you limit to one house per person you’ll still get housing as an investment. A house in Malibu is worth way more than a house in Arkansas.
With a single house per family it would still mean they’d actually live there
Yes but they could also rent out extra rooms. Every Airbnb I’ve stayed at has the owners living there.
They want your shelter, your air, your warmth and your food, then comes the boot on the throat.
If you drive a car, I’ll tax the street
If you try to sit, I’ll tax your seat
If you get too cold, I’ll tax the heat
If you take a walk, I’ll tax your feet
Taxman!
Surely there will be no consequences to these events!
No way?! You don’t say. I wonder if that’s why housing prices have skyrocketed as “people” bought and sold properties like a commodities exchange?
Well, that’s going exactly according to their plan.
Put the squeeze on working people, then those with ready cash can buy them out cheap.
In this country money WINS and people LOSE. Where have you been?
Trying to live in America’s most populous state, Denial.
to the surprise of … nobody.
Three things would be great for this.
- Residential property can only be owned by individuals or a family. No businesses, LLCs, or loopholes.
- Insane tax on any additional houses that makes renting not profitable and owning not feasible. Tax scales exponentially with additional properties.
- Must be an domestic citizen to own property.
I’d be okay with slightly elevated taxes on one additional property. There’s room for some luxuries and if the rest of the above happened, there would be plenty of houses available for purchase to those interested and pricing would normalize. There needs to be something carved out for multi family homes or whatever for rent options.
This prevents refugees from owning their own home
I don’t think you need to worry about the refugees anymore my friend there are deporting them, while you guys imagine a world where housing prices are dropped due to popular reform…? Sounds nice, but I don’t know if you’re gonna be able to sell it to the homeowners.
They’re not deporting all the refugees, that kind of thing only happens in America
First off, the article is about US home sales. And yes there’s no anti-immigration policies or politicians in Europe and Asia, sure bud 🤣
The economy would collapse if housing stopped being a commodity.
The economy collapsing would be a symptom of housing being an unaffordable commodity. It’s all connected. Our entire government is meant to sell everything under it from the bottom-up. It’s just doing its job.
As for a collapse, they’ll cook the numbers forever and hold the entire system up on life support if it means burning poor children as fuel to do it, they’ll make sure it happens. It’s the world we live in. Cheers.
God I wish. That kind of economy is not valuable for the general public, and to hell with the real estate speculators and absentee landlords.
