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by djrogers 1739 days ago
> Housing shouldn’t be an investment, for corporates

If it’s not, you’re essentially going to eliminate privately owned rental housing.

2 comments

Just like cars depreciating eliminated privately owned car rentals.

Oh, wait, no it didn't. Housing is the only thing miraculously protected from depreciation because making it depreciate would hurt chances at reelection.

This is a great point. Physical houses deteriorate and get damaged, just like vehicles. But their value /always/ goes up.
I’d be really happy with communal non-private rental housing. Corporates already do a bad job, I don’t see why they should make massive money from limited land resources.