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Is second/third home ownership ethical in this economy? (links.hackliberty.org)

submitted 4 months ago by [email protected] to c/asklemmy

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Especially when those 2nd, 3rd, + properties are being used as passive short term rentals. Observing the state of the housing situation "Hmm there aren't enough homes for normal families to each have a chance, I should turn this extra property of mine into a vacation rental." does this make said person a POS?

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[–] [email protected] 3 points 4 months ago* (last edited 4 months ago)

I think the question should be: Are artificial barriers against increasing density of residential areas and other limitations on new housing ethical. The answer is no.

I'm always astonished when I read another news about housing getting even more expensive.

Block apartments, are mass produced goods. In the free market economy they have no right to appreciate in value, for the same reason your average car doesn't - as building houses gets more profitable, the construction industry should ramp up.