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kevinmershon | 1 year ago

Yep. Homes can either be for shelter or for investment, but not both. We are experiencing this as a global culture.

I dream of a 100% tax rate on second homes, foreign ownership, and corporations owning single family homes and condos. Or even better, make it illegal. But any politician who pushes such a bill would immediately get removed from office and the law repealed.

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jeffbee|1 year ago

None that is going to make a lick of difference. Because of longevity, birth rates, and preferences for smaller households, America is short 30 million homes. You can't tweak your way out of this.