Re:Home ownership is the West’s biggest economic-policy mistake
by mustyoshi on Tuesday April 20, 2021 @08:56AM
(#26873937)
It would cause prices to go up because in order to sell it has to he up to code, meaning renovations. It would likely cause consolidation of ownership, something like 70% of all apartments in my area are owned by the same company. And since they have consistent rules... It can be hard for certain people (those with criminal records) to find affordable housing.
It's good because it would motivate owners to own only as few houses as possible (to minimize work on updates), and many more people could own a home then.