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by bluefirebrand 11 days ago
> As the number of homes goes up, owner-occupancy necessarily goes down

Not necessarily at all. Plenty of people rent who would like to own homes too

1 comments

All you have to do is let the number keep going up. Yes, it's a necessary outcome.
Here's a hypothetical: if everyone owns a home, no one rents homes anymore, right? I mean why would you?

So why would anyone buy a second home in that scenario? Maybe as a studio or whatever, perhaps. But as homes become less useful as a rental investment, the number of non owner-occupied homes seems like it will decrease too?