There is no American “housing crisis”— there’s a supply-hoarding crisis to rig local market prices above the liquidity of local buyer capital. 

The policy solution is simple: poison-pill tax all non-occupant-owned housing to force immediate sale to local buyers at actual market rates.

Allowing unlimited non-local capital to supply-hoard vacant housing is simply anti-resident eugenics. Current residents are too poor, so replace them with richer ones— even if it causes widespread homelessness, forced migration and absurd energy costs for the displaced to commute. It’s as discriminatory as Federal Housing Administration redlining of black neighborhoods in the 1940s.

Chocolate rainmaker. Singer. Thinker. Voice

So a centrally planned communist style housing market?

tay: how about a single tax measure to discourage a specific behavior and restore fairness to the captured housing sector, resulting in a free and fair market where people can afford homes

ben: WOW SO CENTRAL PLANNING THEN

learn a new angle ffs

Principal at Cobalt Ventures. Write @ TheItinerant.io ; BenErsing.com Host: /venturecapital /finance /adventures

That’s a great question, Ben! No, local jurisdictions poison-pill taxing supply-hoarded, vacant housing is authentically libertarian and actually truer to Adam Smith and other darling “free market” philosophical antecedents.

The National Association of Realtors being a multi-decade advocacy project lobbying for state power to enforce market-rigging conditions like closed bidding is “centrally planned”—

Private bankers printing public money to later leverage religious (not-gold-backed) fiat currency and encourage unlimited infusions of foreign capital to inflate housing costs in rural Kansas by the global top 1% who mostly build non-USD wealth is “centrally planned”—

Citizens behaving as rational market actors and hijacking state power to do so is the freest market imaginable. This assumes we are logical and fix selective amnesia among Ivy League economists and corporate business journalists.

Consider checking out @tayzonday ‘s response and our discussion. 

Its a good example for how to have productive conversations with someone about an issue you see differently.

Full-stack digital product consultant @ BoundCorp.net - Regenfrogs.xyz - goldmongers.xyz - Reno NV

Consider checking out @tayzonday ‘s response and our discussion. 

Its a good example for how to have productive conversations with someone about an issue you see differently.

 https://warpcast.com/tayzonday/0xa32a2ec1

No just stop the fed from shovelling money into banks and telling them to go out and buy stuff. It’s about the Cantillon effect which is already a result of (capitalist) central planning.