Experts said that wealthy investors with second or third properties are pricing out first-time homebuyers and reducing the overall housing supply in the real estate market.
If you have half the population each have 1 investment property. You must have the other half renters. You literally want to create two classes. Those with investment properties and those with no property. One class above another. You’re just using billionaires as a shield. You want to put yourself in a class above other people.
We should all work so that each person has one home.
And the “I don’t want to work until I die” should be covered by social insurance/social security instead of making someone else a renter.
Capitalism is literally moving us back into feudalism. Everything is for sale. Even democracy, it seems. Perhaps fascism would be more profitable? Market is bullish on fascism!
Not everyone wants to own and not everyone that doesn’t want to own wants to rent an apartment and it’s not the government’s place to own single family houses for rent (all provincial governments should have a non profit crown corporation owning all rental properties over a certain number of doors though).
Edit: Downvote all you want, I know tons of people that don’t want to have to deal with the maintenance responsibilities that come with a house, they still have a family and don’t want to live in an apartment, would you rather force them to own the place they live in?
The level of maintenance per unit and the density issues caused by single family housing means they’re a luxury item and not a necessity, the government should be there to make sure everyone has acceptable living conditions (a private bedroom for everyone, a kitchen, bathroom and livingroom per household…) not to provide them enough space to have a home theater room or a bedroom used as a walk-in.
I’ll repost a comment I made before again here:
context: https://lemmy.ca/comment/4927203
Capitalism is literally moving us back into feudalism. Everything is for sale. Even democracy, it seems. Perhaps fascism would be more profitable? Market is bullish on fascism!
Not everyone wants to own and not everyone that doesn’t want to own wants to rent an apartment and it’s not the government’s place to own single family houses for rent (all provincial governments should have a non profit crown corporation owning all rental properties over a certain number of doors though).
Edit: Downvote all you want, I know tons of people that don’t want to have to deal with the maintenance responsibilities that come with a house, they still have a family and don’t want to live in an apartment, would you rather force them to own the place they live in?
Why the arbitrary distinction? What’s so special about the number 1 here?
The level of maintenance per unit and the density issues caused by single family housing means they’re a luxury item and not a necessity, the government should be there to make sure everyone has acceptable living conditions (a private bedroom for everyone, a kitchen, bathroom and livingroom per household…) not to provide them enough space to have a home theater room or a bedroom used as a walk-in.