Comment on If you argue for a cause like affordable housing for everyone, is it necessarily hypocritical if you also own investment properties?

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scarabic@lemmy.world ⁨4⁩ ⁨days⁩ ago

It’s true that it everyone is in a cash position to buy a house, but that’s made worse by housing being so expensive. And housing is expensive in part because of the hoarding and rent-seeking behaviors of landlords and investors.

If people don’t have cash to buy houses, I’d look at that as a problem for lenders. Someone else renting out the house doesn’t necessarily have to be the only solution. I don’t think it’s possible to eliminate renting because we need some very flexible housing / short term housing.

But if we imagine a world where renting is incredibly restricted, perhaps to 4-unit apartments and up, instead of every single residence on the market, I think we would see a more affordable market where more people COULD be in a position to buy a house.

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