this post was submitted on 16 Jan 2024
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[–] themeatbridge 14 points 10 months ago* (last edited 10 months ago)

Homes shouldn't be an investment vehicle. Buying and selling residences like commodities is what creates a market full of shitty mcmansions on postage stamp properties with granite countertops and no insulation.

If we rnded corporate investment in residential property, even just single family homes, you'd see property values plummet. That would suck for the people who have been treating their house like a retirement plan, but it would be best for literally everyone else who will ever live.