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And add to that an unsupportable tax burden to disincentivize large firms buying up hundreds or thousands of homes and then renting them.
by totallykvothe 1y ago
And add to that an unsupportable tax burden to disincentivize large firms buying up hundreds or thousands of homes and then renting them.
- wakawaka28 1y agoThat does indeed seem to be a problem but there's a flip side. If you can't afford to buy a thing, then renting it is actually preferable. Rental is normally fine, unless there is a virtual monopoly on housing that forces people to rent and manipulates prices. In the absence of a monopoly, the rental price is just the time value of the place plus a reasonable service fee decided by a free market.