Comment on How would a wealth tax affect real estate rentals?

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andrewta@lemmy.world ⁨2⁩ ⁨days⁩ ago

Is my logic it would reduce the number of homes available for rent. More people would be able to own. Because more homes in the market would be available. But people would be buying them to live in them. We literally can’t build homes fast enough. Every time there’s a downturn in the market building of homes slows down. And that puts us even further behind.

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