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Old Posted Jan 19, 2020, 1:59 PM
Crawford Crawford is offline
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Join Date: Nov 2003
Location: Brooklyn, NYC/Polanco, DF
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Quote:
Originally Posted by 38R View Post
The real solution is to make it illegal to own a home that you don't live in. One home per person maximum. Everybody wins except for landlords.
...and investors, and tenants, and families. My wife and I own her parents house, for a variety of reasons. Not sure why that should be disallowed.

I read that article and have no idea what they're talking about. The premise is wrong. Housing ownership has been a fantastic wealth-generating vehcile that distinguishes the Anglosphere from other developed nations. The UK is overall poorer than Germany but millions of UK households are much better off than their German counterparts due to homeownership. Germans traditionally rent, or if they own, inherit homes.
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