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by eof 1290 days ago
I think this is a case of the path to hell being paved with good intentions.

Limiting it to 1 or 2 would have zero impact on either corporate money or savvy individuals and, would likely reduce upward mobility, as navigation of these subsidized markets is one of the most reliable paths to go from low to medium net worth.

Once someone has 8 figure net worth, these subsidies are noise. I really get the feeling the baddies are using much more egregious subsidies than this one.

1 comments

I don't think upward mobility would be meaningfully impacted by removing government subsidies of 6th, 7th, etc. homes.
No the 6th and 7th would have no effect at all. The 2nd and third likely would though.