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[-] TangledHyphae@lemmy.world 17 points 6 months ago

I don't get it.. if someone works and invests in a property, they pay a significant amount of money to have and maintain that property. If someone can only afford to rent for a short term period of time, what then? Is the next step that the person spending hundreds of thousands of dollars on a house supposed to just hand it over without selling it to a tenant? What is the alternative?

[-] expr@programming.dev 10 points 6 months ago

HOUSES SHOULD NOT BE INVESTMENTS. They are an essential need and we have many people with no homes.

The alternative is stop treating them like investments. An owner should live in the house for some reasonable portion of the year. Crucially, this means corporations wouldn't be able to purchase homes. If you do that, housing prices would stabilize to much more reasonable, attainable levels.

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this post was submitted on 22 Apr 2024
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