this post was submitted on 31 Oct 2023
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[–] antidote101 4 points 1 year ago

Yes... and so renting needs to be replaced with rent to buy schemes and mandatory sell schemes for anyone who owns more than 3 homes in the same city.

[–] d00ery 3 points 1 year ago

It's hardly a historic high, it was 5% in 2007 and before was much higher in the 80s

[–] Mojojojo1993 2 points 1 year ago
[–] lemmus 1 points 1 year ago (1 children)

Homeownership has also become a trap for those tricked into government rent-mortgage first-time buyer schemes.

[–] Squizzy 1 points 1 year ago

How so? People have their home