Re:Dutch cities want to ban property investors in all neighb...
by einpoklum on Sunday September 05, 2021 @09:48AM
(#28424328)
Title is inaccurate. It should read:
> Dutch cities want to ban property investors from buying some kinds of apartments in some or all neighborhoods
I'm all for this. However, it is insufficient, because small-scale property investors may not be considered as such, but as buying an apartment for a family member or a friend etc. Or they will just "lend" money to someone to buy the apartment.
Generally, the situation in which individuals have full ownership of apartments or houses other than those they live in is problematic.
> Dutch cities want to ban property investors from buying some kinds of apartments in some or all neighborhoods
I'm all for this. However, it is insufficient, because small-scale property investors may not be considered as such, but as buying an apartment for a family member or a friend etc. Or they will just "lend" money to someone to buy the apartment.
Generally, the situation in which individuals have full ownership of apartments or houses other than those they live in is problematic.