Comment on Investors are making up the highest share of homebuyers in 5 years

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chicken@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

Should 10x property taxes on non-primary-residences, and split the proceeds between subsidizing construction of new housing and being distributed as a UBI. Would be better than trying to ban speculative investment in housing outright, because it would be attacking the underlying market factors instead of telling investors they can’t try to make a profit.

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