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A comment on Foreign purchases of American homes plunge as Chinese buyers flee the market. Parent comment

Re:Foreign purchases of American homes plunge as Chinese buy... by MrBuddyCasino on Thursday July 18, 2019 @03:56AM (#20467731)
The difference is that housing is a market where you can't increase supply much, because of location. This makes it an accelerator of inequality, unfairness and hereditary wealth. Also, regulatory capture.
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Re:Foreign purchases of American homes plunge as Chinese buy... by lotsofpulp on Thursday July 18, 2019 @04:22AM (#20467864)
We can increase supply by a lot in most places, just not single family homes with garages.
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Re:Foreign purchases of American homes plunge as Chinese buy... by MrBuddyCasino on Thursday July 18, 2019 @04:36AM (#20467921)
Theoretically, it could be done. Practically, home ownership makes everyone a Nimby, pulling up the ladder for everyone who doesn't.
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