The worst idea is ever giving down payment assistance. Government subsidizing actual builders, sure, but free money to property owners just increases the price to meet supply and demand and goes right into their pocket. It actually increases home prices. Extremely stupid.
Of course there’s the best option which is an non-occupancy tax that goes up exponentially for each additional property you’re sitting on for speculation.
That right there would be a hard counter to wallstreet hoovering in the housing market.
That on top of a tax that is highly progressive after x number of properties, regardless of occupancies.
It’s like you’re not even considering the feelings of the millionaires and billionaires with 72 houses each and I for one just won’t stand for it.
“Kill 3 kids and bulldoze the neighboring nature reserve (it won’t give us more chairs, but it’ll feel good)”
Bothesidezzz
Immigrants own Chase Manhattan?!!?!
Damn, lern somethin’ new errday …
This meme is extremely naive. For many American voters, the primary residence is their one major investment – and will severely punish any elected official that reduces housing prices. The result is neither party will do much on this issue.
“destroy nature and ruins lives” vs “destroy nature, increase stock value, build three luxury chairs that no one is allowed to live in.”