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A comment on For Chinese Home Buyers, Seattle Is the New Vancouver. Parent comment

Re:For Chinese Home Buyers, Seattle Is the New Vancouver by megablast on Monday May 08, 2017 @06:25AM (#14290477)
> Why would you want to do that? People want to invest in the United States and give us money, we are instead suppossed to spend money and create a blackmarket to prevent them from doing so at a loss?

Is this the sort of investment you want? Is this good investment? Driving up the price of housing?

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Re:For Chinese Home Buyers, Seattle Is the New Vancouver by hx87 on Monday May 08, 2017 @05:49PM (#14295935)
1. Demand is only one factor in the price of housing. Supply is another. Eliminate all density/height/parking restrictions and enforce quality, and only quality regulations and the increase won't be that severe.

2. Don't cap property taxes. Instead use property tax revenues to build cool stuff for the city, among them very wide-ranging, very fast public transit so people can live in suburbs without shitty commutes.

3. Tax unoccupied housing heavily.

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Re:For Chinese Home Buyers, Seattle Is the New Vancouver by creaghpatr on Monday May 08, 2017 @08:36AM (#14290976)
Second this. A lot of predatory creditors also want to 'invest' in you.
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