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by tpxl
260 days ago
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> housing should act as store of value Why? Housing should act as a means to live decently. If my house depreciated to 0 once I'd built it, I wouldn't mind at all. > You need socialism to do this efficiently No you don't, you need to heavily tax empty and secondary residences and the issue solves itself in capitalism just fine. |
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Many of us are taught that heavy taxation is socialism, or at least incompatible with capitalism.