Comment on Why are so many leaders in tech evil?

<- View Parent
rottingleaf@lemmy.world ⁨2⁩ ⁨months⁩ ago

They withold houses from the market, thereby driving cost up. In turn that drives mortgage down payments up. The credit system and bank hurdles to securing a mortgage are also a big part of that issue but another conversation.

Wouldn’t that stimulate more construction?

Now owning a home i can easily say, you don’t really have much to do for maintenance. I guess i mow the lawn every few weeks and otherwise do basic cleaning?

OK, where I live people usually don’t own houses, they own apartments, and maintenance minimally involves ensuring that your apartment is not a cockroach breeding ground and your piping doesn’t make your neighbors below feel too wet.

In a separate house yeah, you can more or less just shrug because liquids go into the ground anyway, and there are no central heating pipes that may rupture, and so on.

Limits on unused properties.

That’d be fine. Maybe if you own 5+ apartments, or by living space, because otherwise you’d, say, hurt people who have one apartment they are slowly restoring to livable condition to maybe rent out later and one they themselves live in.

source
Sort:hotnewtop