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CIRCLE WITH A DOT

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  3. We treat housing like a speculative stock market, then act surprised when ordinary people can't afford a place to live.

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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  • phocks@bne.socialP This user is from outside of this forum
    phocks@bne.socialP This user is from outside of this forum
    phocks@bne.social
    wrote last edited by
    #1

    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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    • phocks@bne.socialP phocks@bne.social

      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.

      R This user is from outside of this forum
      R This user is from outside of this forum
      rickd6@mstdn.ca
      wrote last edited by
      #2

      @phocks investors, developers and speculators all get to choose their profits on any housing project- individuals don’t.

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