Increase supply of homes by taking residentially zoned property out of the hands of corporations who are using it to extract wealth and use it as collateral to amass more wealth. This is an incredibly basic concept that you clearly understand and went so far out of the way to argue against that I’m actually impressed.
You are only thinking of people rich enough to be able to buy a house. I’m thinking of all people who need housing. If you want to reduce the cost to live overall, and not just shift it from rich homeowners to poorer renters, you need to increase supply, period.
Me, I’m saying if you ban the practice of buying houses to turn into rentals, you are reducing the number of rentals thus increasing the cost to rent.
You are right that nobody is talking about renters, but that is the problem. If you only focus on bringing house prices down, you settle on a solution that brings house prices down while increasing rent prices. You think you’re helping poor people buy houses but you’re actually helping upper middle class people buy while screwing the poor people who still have to rent.
Increase supply of homes by taking residentially zoned property out of the hands of corporations who are using it to extract wealth and use it as collateral to amass more wealth. This is an incredibly basic concept that you clearly understand and went so far out of the way to argue against that I’m actually impressed.
You are only thinking of people rich enough to be able to buy a house. I’m thinking of all people who need housing. If you want to reduce the cost to live overall, and not just shift it from rich homeowners to poorer renters, you need to increase supply, period.
Who said anything about renters?
Me, I’m saying if you ban the practice of buying houses to turn into rentals, you are reducing the number of rentals thus increasing the cost to rent.
You are right that nobody is talking about renters, but that is the problem. If you only focus on bringing house prices down, you settle on a solution that brings house prices down while increasing rent prices. You think you’re helping poor people buy houses but you’re actually helping upper middle class people buy while screwing the poor people who still have to rent.