News for hackers. Stuff that matters.

A comment on Priced out of home ownership – 'It makes me want to throw up'. Parent comment

Re:Priced out of home ownership – 'It makes me want to throw... by lief79 on Tuesday May 28, 2024 @10:46AM (#40501222)
First two make sense ... rentals is really complex. How long are you willing to hurt those with the least amount of money.

Maybe a home owners break, and a second weaker first rental/vacation home break would match the current approach (and dodge more of the individuals who'd kill the legislation for for your idea. Alternately, a discount for occupied properties.

I was initially thinking corporate owned rentals or anyone with more than 2 properties, but the above seems cleaner.

[ Parent | on HN ]
Re:Priced out of home ownership – 'It makes me want to throw... by oneeyedpigeon on Tuesday May 28, 2024 @11:01AM (#40501369)
Housing is such a unique thing that I think it should be treated differently when we talk in terms of 'capitalism', 'public services', etc. Everyone needs a house. Nobody can use more than one house simultaneously. Houses are incredibly expensive, but most of that cost is purely market-driven. Housing is, essentially, a zero-sum game.
[ Parent | on HN ]