We treat housing like a speculative stock market, then act surprised when ordinary people can't afford a place to live.
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We treat housing like a speculative stock market, then act surprised when ordinary people can't afford a place to live. When an investor leveraging their 5th investment property easily outbids a young family looking for their first home, that's not a "competitive market." That's just a Monopoly board in the late stages of the game.
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We treat housing like a speculative stock market, then act surprised when ordinary people can't afford a place to live. When an investor leveraging their 5th investment property easily outbids a young family looking for their first home, that's not a "competitive market." That's just a Monopoly board in the late stages of the game.
@phocks investors, developers and speculators all get to choose their profits on any housing project- individuals don’t.
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R relay@relay.mycrowd.ca shared this topic