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Giuliano Giacaglia
@giu
Same vibes!
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Michael 🎩🐹
@michaelsullivan
Love it but gotta disagree. More people, less housing per person and we’ve commodified housing where people own multiple homes which drives up prices.
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Fidel Ramos
@framos.eth
And who is at fault for less housing per person? Mostly NIMBYs and existing owners who push legislators to limit construction. Check out this Econ 102 podcast: How We Build More Housing with Brad Hargreaves https://www.podpage.com/econ102/how-we-build-more-housing-with-brad-hargreaves/
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Michael 🎩🐹
@michaelsullivan
Correct, but at the end of the day it's the elected representatives that pass the laws. If they're passing laws based on a small % of the vocal minority then they're bad at their job.
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Michael 🎩🐹
@michaelsullivan
And in regards to the meme, I think the house actually is worth less if we were to pass a law that taxed second properties at 100%. There would be a flood of homes for sale and within a year when the dust settled we'd see the "actual" value of homes.
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Fidel Ramos
@framos.eth
I say don't tax, just don't artificially restrict the offer side. A free market would make housing much more affordable for everyone. The problem is that a lot of people have most of their wealth invested in their homes and real estate, and they don't want to lose.
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