[nordsieck]

> Like many fixes to societal ills, it's easy to look at the end result and see how it's better for most people, but it's likely to hurt a lot of people who made totally reasonable choices.

The US Government sets policy all the time that hurts people who own stocks and bonds. And mostly people are fine with that. I don't see why home owners ought to be afforded a special level of protection for their investment.

[noirbot]

The fundamental difference is that I can't sleep and shower in my bond portfolio. I didn't buy my house as an investment, I bought it because I have to live somewhere and it made financial sense vs. renting. I'd be perfectly happy selling it for roughly the same amount in 5, 10, or 30 years.

I also was explicitly saying that I want there to be policies in place that will "hurt my investment" because I think it's a good thing in general, but it's important to not just assume that building more is only going to hurt rich rent seeking landlords that are easy to rally people against.

There's a lot of financial and cultural incentives towards home purchasing in the US, so to quickly move to instead make renting the preferred option in policy is going to hurt a lot of people and cause issues that may not be easy to predict. It doesn't mean it's not worth doing, but it's important to look at it holistically and not just see it as only punishing bad rich cartel owners who deserve to be hurt.

[hackernewds]

Note even right now the Fed has trillions backing the real estate markets from collapsing. The govt creating winners and losers in a free market despite any fundamentals, was never supposed to be the design but here we are.

[teachrdan]

> The US Government sets policy all the time that hurts people who own stocks and bonds.

Could you give me any recent examples of this happening? It seems the exception, not something that happens "all the time."