this post was submitted on 01 Apr 2024
168 points (82.8% liked)

Asklemmy

44151 readers
1627 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy ๐Ÿ”

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_[email protected]~

founded 5 years ago
MODERATORS
 

Does having an AirBNB setup make someone deserving of the guillotine or does that only apply to owners of multiple houses? What about apartments?

Please explain your reasoning as well.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 3 points 8 months ago (1 children)

This is the key problem of the housing market. For generations we've been told the only way to wealth is home ownership - so nobody will ever support more housing because you don't live in a house, or a neighborhood, you live in an investment and you've put all your retirement eggs into this single investment instead of diversifying. So, if new housing pushes value down you don't see "Hey new neighbors" you see "there goes my retirement."

Now, of course, institutional investors are involved and we're just all fucked.

[โ€“] [email protected] 1 points 8 months ago

Institutional investors should not be permitted to buy residencial properties.

(Well, I would say that they should not be permitted to exists, but we are not there yet.)