this post was submitted on 20 May 2024
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You blame the homeowners not for owning, but for supporting policies that maintain their investment.
Even the rent as equity shouldn't be significant, the actual house depreciates over time and requires repairs to keep it's value. The most important change needed is to make it so that owners NEVER benefit from the value of the land increasing. This can be done in a number of ways, from regular property taxes to applying capital gains to property value.