this post was submitted on 31 Aug 2023
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[–] Thrillhouse@lemmy.ca 72 points 1 year ago (22 children)

When it pops most people still won’t have money (because recession) and corporations will scoop in and buy up all the assets oh boy!

[–] cybermass@lemmy.ca 56 points 1 year ago (17 children)

Right so we just implement socialist policies in housing.

I mean, water, power, education, healthcare are all heavily regulated or controlled by the government. Why not housing? It is a basic human need after all more of a basic need than education (not saying education should change).

[–] mancy@lemmy.ca 13 points 1 year ago (8 children)

It’s sweet that you think we can just implement social policies like that.

Only the rich and corporations would benefit from the housing market crashing.

[–] cybermass@lemmy.ca 13 points 1 year ago

I mean, just tax corporate home ownership, double property tax for homes that sit empty for more than 3 or 6 months, and put a 50% tax on any rental net profits above 15% of the total rental price.

Use that money for high density/low income development grants, seems simple to me.

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