• bionicjoey@lemmy.ca
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    1 year ago

    Residentjal property shouldn’t be allowed to be an investment. Or heavily taxed to make it unprofitable unless you live there yourself.

    Why would anyone build new apartment buildings if that were the law? We desperately need to be building more housing, and denser housing.

    • Dyskolos@lemmy.zip
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      1 year ago

      There also is a thing called public property. Some time ago our government build and owned buildings. Everyone had a cheap home. The moment you privatize a thing you become an investment.