Comment by lanfeust6

Comment by lanfeust6 3 days ago

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They buy homes for investing with the expectation that prices soon rise, owing to demand and low interest rates, and inelastic supply. If you fix the supply issue then it would be moot.

30% of homes are not sitting empty, cities have a low vacancy rate. Often they rent out and we want low rents too.

He solution is building more or having fewer people on the market for a home through low immigration, and only the former seems politically viable.