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pvdoom | 1 year ago
Nah, I think that is still a consequence. The root cause is the fundamental assumption that homes should be a commodity that is bought, sold and rented out for profit, rather than something that everyone needs for survival. We should be looking at ways to limit the market here, or finding ways to not treat houses as a commodity, or something for rent-seeking
koube|1 year ago
My intuitive sense is that the proportion of rented housing probably has a seesaw effect on the price of owned housing vs the price of rented housing. If you want them both to go down it's necessary to build a lot more housing.
pvdoom|1 year ago
Symmetry|1 year ago
bell-cot|1 year ago