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A comment on Ask HN: How likely are we to see a financial crash this year?. Parent comment

Re:Ask HN: How likely are we to see a financial crash this y... by candiddevmike on Wednesday March 23, 2022 @12:49PM (#30780474)
I don't agree. We're in a supply crunch right now, more houses == lower prices, and low income folks can always get government subsidized housing (or should demand more of it if none is available).
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Re:Ask HN: How likely are we to see a financial crash this y... by cperciva on Wednesday March 23, 2022 @01:56PM (#30781312)
There's a supply crunch, sure. And if you reallocate from rental to owner-occupied, you reduce the crunch somewhat on that side... but you make the supply crunch even worse for renters.

It's a popular policy decision for many politicians, since owners vote at much higher rates than renters; but I wouldn't call it good policy.

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