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

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damnedfurry@lemmy.world ⁨1⁩ ⁨week⁩ ago

Holy bad faith Batman.

Pointing out that what you’re saying doesn’t make sense isn’t bad faith.

For the love of God, go read fucking theory

How about ‘for the love of God, define your fucking terms’, if you’re using them in a way inconsistent with colloquial understanding?

No one in everyday life considers “personal property” and “private property” to not be the exact same thing. Stop playing semantic games and communicate normally, if you expect to ever sway anyone. It also helps not to insult people not privy to said semantic games.

If you live in the house, it becomes your personal property. Meaning you own it while you live and reside there. No one can just come into your personal space. Yet, when you no longer wish to live there and are moving away, the house transfers ownership back to the community until someone needs it.

So:

  1. How, exactly, is it being determined who gets to live there first/next?
  2. If none of the residents are actually purchasing the house, who’s footing the bill for them all? I’m seeing estimates that the total residential housing in the US carries a value in the area of $45 trillion, with a T. You think you’re getting anywhere near that with tax revenue? And that’s without even considering new construction and repairs to existing construction.

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