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A comment on Maybe Treating Housing as an Investment Was a Colossal Mistake. Parent comment

Re:Maybe Treating Housing as an Investment Was a Colossal Mi... by rcme on Monday March 06, 2023 @02:10PM (#35046074)
Wouldn't that make homes less affordable and increase rents?
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Re:Maybe Treating Housing as an Investment Was a Colossal Mi... by riku_iki on Monday March 06, 2023 @02:47PM (#35046614)
it will make houses less attractive investment vehicle: people will start selling rental houses and downsize to smaller units, which will create additional supply on the market.

Also, in case of California for example, if prop13 got eliminated, it will hit mostly existing house owners, and not new ones.

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