Re:“Blue Mind Theory”
by troad on Sunday June 11, 2023 @03:11PM
(#36284582)
I don’t think I should have more of a right to buy a house there than anyone else, and I’m genuinely puzzled how you got that idea from my comment. I think housing should be sufficiently plentiful that everyone has the opportunity to make a home in a community of their choosing.
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Re:“Blue Mind Theory”
by genocidicbunny on Sunday June 11, 2023 @03:28PM
(#36284748)
I got a sense from your comment, and the one you replied to that the problem was that the wealthy were buying the housing, rather that only the wealthy could buy the housing. I admit I may have read into your comment a bit much.
> the problem was that the wealthy were buying the housing, rather that only the wealthy could buy the housing
Those are actually the same problem. The wealthy can buy housing faster, more decisively than the less wealthy. They may also push out the less wealthy, simply by offering them an above market price. And as the wealthy start to buy up housing in an area, the prices start to go up, and soon become high enough that only the wealthy can buy.
Re:“Blue Mind Theory”
by sojournerc on Sunday June 11, 2023 @05:14PM
(#36285759)
So, anybody and everybody should be able to live in Monaco?
It's just unrealistic for a finite resource such as a location to accommodate anybody who could possibly want to live there. That's why desirable places are expensive.