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by sidlls
2360 days ago
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Where I live "wealthy homeowners" are the NIMBYs. They suddenly appear out of nowhere to argue in city council meetings against more housing, then leave their homes empty more than half the year (or all year). That most of them are also foreign is incidental: it'd be just as bad if it were Americans doing this. |
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My point is that there's a small but persistent current of thought regarding the housing crisis that wants to pin the blame on "wealthy foreigners buying up all our real estate", as sort of an 'out' for taking a good, hard look at local housing policies.