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this is how i see my future if history doesn’t repeat itself and i don’t die in my 60’s like everyone else i knew who came before me.
i’m so tired of this bullshit. all because of greed. the only real solution to all of this (without completely bricking the economy) would be “one family one home policy” (married/legal) made into law. no more landlords, no more nonsense. got 3 homes? too bad, time to sell. market oversaturated? well go the fuck down in price to the damn value you bought your houses for 20 years ago. own an apartment complex? too bad, it’s now owned by the habitants council (those who actually live in it, like it actually works in many places). and make hotels the sole exception to the rule.
no more homelessness.
no more shelters.
no more trailer parks.
no more need for social housing.
no more assholes buying up property abroad and fucking the locals.
everyone’s happy except the 0.001% landlords and market gamblers. who now have to get actual jobs. or have well paid jobs already and didn’t need to sit on 4 houses because they got in early.
Do you think most people who own multiple houses have them just sitting empty?
i don’t understand the question. what does it matter what they do with it when the point is to make housing affordable again, in a permanent way.
The reason we have a housing crisis is because the houses are full.
We need to build more houses, not take away from people with multiple. People who build new houses tend to do so as an investment anyway.
You want to fix the housing crisis, go out and start building, not demanding hand outs
It is necessary to build more housing stock, but if you simply do that alone while there is still significant incentive to buy investment properties then the developers will obviously sell to those that pay and it’s typically those with means that will pay, which tends to be people who can afford multiple properties more than those who are struggling to afford one place to live in. Obviously if you’re a developer looking for a return on your investment you’ll price according to what those people will pay so that housing stock is quickly swallowed up mostly by landlords who will want to recoup their investment by charging higher rents and so on.
This is what happens when you follow up the USA.
