No one should get a second home until everyone's had their first.
i’d probably go second… it’s useful to have a housing surplus that’s financed by private entities so that you can have a house while working for your first house
but anything more than providing shelter with some small reward to encourage civic responsibility (ie building houses rather than owning stock) is complete idiocy
I hope thats "10" in binary
I'm not against people having a second or third home, as I don't see the class above mine (a farmer getting a side hustle from his family house now that his kids have moved away) as particularly threatening or exploitative.
It's the faceless class above that I hold issue with, coordinated rent seeking behaviour to the degree of being able to fix prices in an area. These do tend to be in the "10+ homes" category
Should be illegal to own more than two homes honestly. Especially if you're using them as rental properties. You should get one rental property and that's it. The rest must be residence
Just make it illegal for businesses to own real estate, or participate in real estate markets of any kind outside of strictly regulated commercial areas.
Also make laws that protect home owners not banks... The list goes on... Nationalized food production, making it illegal for incorporated cities to have more than a very small number of homeless.
This would be a much better policy than OP's "over 10", since 82% of investment home purchases in Q2 2023 were to those with 9 or fewer houses. Investment purchases made up about 24% of all home purchases.
Why should they get a rental property? Why should basic fundamental human necessities of which we have plenty be treated as commodities? You get the house you live in, and I get the house I live in, and if you want to try to extort me for payment for that house no one should support you.
Some people have seasonal homes, and spend half the year in each. I'm not opposed to renting out the vacant one (which was part of the original purpose of air bnb). It's a little lavish, sure, but definitely not the same as hoarding property to rent out.
Some people do prefer to rent than deal with the hassle of homeownership, so there is a place for people renting out a second property. No one needs to rent out more than one property through, corporate ownership should be abolished for anything that is not a single building (i.e. 50 units in a condo building) as well.
Shouldn't even be allowed one property intended for rental honestly.
- single family dwellings – maximum of two
- multi-family dwellings – landlord is required to live in the same building as tenants
I'm fine with renting as it spares me all the hassle that comes with owning. I live in Germany where renting is heavily regulated and it works so good that nearly 60% of the people over here never own any of the flats or houses they happily live in.
Ten should be the max number as that represents an average apartment house over here.
It'd be tough finding rental properties in cities with apartment buildings. Or you'd have mishmash of owners which could make it harder to deal with them and possibly get them built.
Definitely would be interesting seeing how the market would deal with it.
I love the binary in the newscast. Anything more than 10 homes should be illegal.
Found out this weekend that my uncle owns 40 houses in Indianapolis and complains about how aggressive homeless people are and how we need armed cops to deal with them.
We need armed cops to deal with landlords.
we'd need a people's army
They make deals with landlords all the time.
Condolences.
Does he rent them out? Or does he just....have them?
He rents them
10 homes? How about like 3 max. And that's being generous.
Ten max. Super low tax on the first one, slightly higher on the next 2, then insane tax on anything over 3
2 or no deal and the hangings continue.
But unironically
Defeat the fuckingcapitalists
Lots of terrible ideas haven't been tried.
abolishedeaten102In private ownership? Good. In hosing cooperatives/low profits? Bad. They are useful.
We’ve never tried pure capitalism so we shouldn’t knock it until we’ve given it a fair shake.
I mean, with legal political corruption, and everything being private down to healthcare and prisons, I guess US is pretty much on it.
We totally did try pure capitalism. It mostly led to naked children in coal mines (because their clothes would get stuck on the sides of the super narrow mining shafts, you see) and pepper with iron fillings (because scrap iron was cheaper than actual pepper). Also a lot of other horrifying stuff, but those two have always stuck out to me.
I hear Walter White brews some pretty pure capitalism. Maybe we should try his stuff.
Lmaoooooo
I just spat out my drink.
Man, that was an easy bait wasn't it.
Check Argentina if you want to see what happens when you want to try "pure" capitalism lol Also not like there's been a shitton of books written describing in detail it's contradictions, which apparently you choose to ignore and espouse liberal ideology instead
Capitalism has a strong state because without it it is less competitive than capitalism without state intervention, and it also needs more protection from revolution than it used to.
Literally just have an understanding of history and your meme ideology will be a thing of your past that is a little embarrassing
Oh I don’t get embarrassed easily.
