Re:Home ownership is the West’s biggest economic-policy mistake
by galfarragem on Tuesday April 20, 2021 @05:47AM
(#26872592)
The elephant in room is Airbnb et al. not home ownership.
It started as way to rent a spare room - fair enough - and if it had stayed like this, its impact would be bearable. But like it evolved - full residential quartiers acting as large hotels - made the housing market unsustainable for the inhabitants not participating in this game.
It started as way to rent a spare room - fair enough - and if it had stayed like this, its impact would be bearable. But like it evolved - full residential quartiers acting as large hotels - made the housing market unsustainable for the inhabitants not participating in this game.