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by shephardjhon 1681 days ago
I am surprized no one me tioned we could just limit home ownership to 2-3 for individuals and lets say 20 or so for a company. The actual limits can be decided based on discussion and metrics but just having a limit, any limit could stop companies or rich assholes from buying real estate as "assets" as opposed to a place where people live. Also a limit on just holding property that is meant to be rented out. Either use it, or rent it out to someone who will use it and keep increasing the fine until they rent it out to encourage a real free market.
2 comments

> lets say 20 or so for a company

Wouldn't rich people just create multiple companies each holding 20 properties?

Instead of artificially limiting demand I think it'd be better to stop artificially limiting supply (zoning). If there was enough housing to meet demand, then it would naturally be a poorer investment, and so rich assholes would stop buying so much of it.
That didn't fix the issue for us in Europe, with out reasonable zoning laws.