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by tristor 1068 days ago
This is the same situation in the US. Demand for housing has outstripped supply, and until we correct the supply situation, all that changing the financialization does is to make housing a better and better investment for entities flush with cash. Housing shouldn't be an investment in that way, but that's a different conversation. We need to be driving supply.
1 comments

Agreed. There are many ways for the rich to get richer. Housing shouldn't be one of them.

If we've got money for Ukraine, we've got money for housing.

But then there's ideology and beliefs. There lies the problem.