• Dyskolos@lemmy.zip
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    11 months ago

    I said it once, I’ll say it again:

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

    “Flow will operate multi-family residential properties that aim to foster a feeling of ownership and community”

    How cynical…

    • Got_Bent@lemmy.world
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      11 months ago

      No single word in the English vocabulary grates against me more than when I hear owners of residential property refer to it as “units”.

      It’s so dehumanizing. Rather, it’s monetizing humanity.

      • Dyskolos@lemmy.zip
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        11 months ago

        Every room a dlc. They’ll never repair the broken shit. Prices go uo regularly. On your windows are ads. And they’ll ring your doorbell every hour to ask money or cookies. Sounds about right 😁

    • SonnyVabitch@lemmy.world
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      11 months ago

      I agree with the spirit of your comment, and I would only add that the practical implementation may need to allow for some leniency.

      For instance, you shouldn’t be forced to sell and buy elsewhere if your life circumstances change temporarily. The law in general could allow for renting somewhere and renting out elsewhere. But I would be onboard with the overall intent of such regulation.

      • BeefPiano@lemmy.world
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        11 months ago

        We have like 10 empty houses for every person experiencing homelessness. How many more do we need to build?

        • Dyskolos@lemmy.zip
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          11 months ago

          With “we” you surely mean the USA.

          Where I live, we don’t. Way too few homes. Especially for the financially challenged. The state fails hard to build as much as he promised to do. So with rising scarcity, prices go brrrrrrrrrrr.

          • JeffKerman1999@sopuli.xyz
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            11 months ago

            There’s plenty of room even in places like Venezia (source: I was living there). Problem is they are mostly empty because the rich oligarchs bought as an investment and keeps them there empty. This is also compounded by the scourge that is Airbnb that is pricing out everyone.

            • Dyskolos@lemmy.zip
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              11 months ago

              Crap yeah, I can totally imagine in Venezia. At least we have laws here against empty residential buildings bought as an investment. It’s a start hm?

              Oh yes airbnb in cities like that are surely like cancer. Why rent to one person for 500 when i can rent it to 10 for 200 each.

          • BeefPiano@lemmy.world
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            11 months ago

            Oh neat, just like my house! Maybe I’ll get a neighbor and then there will be 2 people in the US who don’t live on the coast!

    • bionicjoey@lemmy.ca
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      11 months 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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        11 months 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.