When you say housing crisis, I think you meant to say rich fucks own 3-4 houses and rent them as Airbnbs and make 5k in passive income. We absolutely already have enough homes built in USA that everyone can have a house. There’s also the gutting residential tax for owning a home, I’ve seen in most parts because the house market is peaking that people’s taxes are reevaluated 300x higher and forcing housed people to pay astronomical prices to keep their house.
I’m 26 with no plans to change cities but I can’t afford a house.
property taxes should be limited to the rate of inflation for anyone who is living in their primary residence. Once sold or rented or if they live somewhere else it can rise whatever.
When you say housing crisis, I think you meant to say rich fucks own 3-4 houses and rent them as Airbnbs and make 5k in passive income. We absolutely already have enough homes built in USA that everyone can have a house. There’s also the gutting residential tax for owning a home, I’ve seen in most parts because the house market is peaking that people’s taxes are reevaluated 300x higher and forcing housed people to pay astronomical prices to keep their house. I’m 26 with no plans to change cities but I can’t afford a house.
property taxes should be limited to the rate of inflation for anyone who is living in their primary residence. Once sold or rented or if they live somewhere else it can rise whatever.
Things cost what people are willing to pay. The housing crisis is an income crisis.
People are willing to pay more for artificially scarce resources.