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0 pointsesseph7mo ago0 comments

20% of market capture does not cause homelessness, but there are many very valid arguments that treating housing as an investment isn't a stairway to ending homelessness.

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bpt37mo ago

> 20% of market capture does not cause homelessness

Right, which is why trying to link the two is misleading at best.

> there are many valid arguments that treating housing as an investment isn't a stairway to ending homelessness

Such as? We seem to agree that the existence of rental units isn't a cause of homelessness.

essephOP7mo ago

Turbo Greed (acquire all the things) and lack of monopoly protection and enforcement.

If we're going to tackle homeless, we have to remove systems that incentivize the collection of homes as a financial asset. Make more homes by one person or entity less desirable or simply undoable.

bpt37mo ago

Turbo greed isn't a thing. And if you think there's a monopoly in residential real estate ownership, you have an absurdly broad definition of the term.

Instead of trying to manipulate a market through yet another layer of regulation, you can just let builders build more.

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bpt37mo ago

> 20% of market capture does not cause homelessness

Right, which is why trying to link the two is misleading at best.

> there are many valid arguments that treating housing as an investment isn't a stairway to ending homelessness

Such as? We seem to agree that the existence of rental units isn't a cause of homelessness.

essephOP7mo ago

Turbo Greed (acquire all the things) and lack of monopoly protection and enforcement.

If we're going to tackle homeless, we have to remove systems that incentivize the collection of homes as a financial asset. Make more homes by one person or entity less desirable or simply undoable.

bpt37mo ago

Turbo greed isn't a thing. And if you think there's a monopoly in residential real estate ownership, you have an absurdly broad definition of the term.

Instead of trying to manipulate a market through yet another layer of regulation, you can just let builders build more.

1 more reply

j / k navigate · click thread line to collapse