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rorykoehler | 4 years ago

There should be a global rule that non-residents can't buy property. Homes should be prioritised for living not investments. It's a drag on the global economy with so much money being tied up in unproductive assets which in turn soak up even more money through rent seeking.

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lrem|4 years ago

Nah, let them invest. What we need is adding vacancies to the social housing pool.

rorykoehler|4 years ago

There is no space for that without radical rezoning and densification. The alternative is every city turning into massive urban sprawl which is entirely undesirable. If you are suggesting forcing private investors to make their properties available to public housing stock then I’m not sure why that would be an improvement without serious rent caps in place.

roel_v|4 years ago

That's not what rent seeking means