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by humanrebar 1201 days ago
> The people who get screwed are the multiple-home-owning rent seekers and I'm ok with that.

Well, also people who were planning on retiring to a lower cost of living area (i.e., NY to Florida) and using the difference difference in housing costs as part of their retirement income.

1 comments

I don't think it is a good long term plan to subsidize poor retirement savings strategies at the cost of affordable housing. This is why we need to provide safety nets, in case people paint themselves into these corners. But we don't need to bend over backwards to make those bad ideas passable ideas, the cost to society is too great.