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Owing your home today is nearly impossible, but even if you did the ever increasing property taxes will bury you
(lemmy.world)
this post was submitted on 06 Mar 2025
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Alternate take: If we actually implemented my above plan, you wouldn’t need to be stupidly rich to own two homes. Home prices would be reasonable, because there wouldn’t be giant corporations hoarding all of the real estate.
We have over two vacant houses for every single homeless person in the country. We could give every single homeless person a house, and still have plenty to act as summer cabins. And that’s before you even factor in the fact that the market would be flooded with houses (at least in the short term) from corporations trying to avoid the increased taxes.