• tetris11@lemmy.ml
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      4 months ago

      I’m not against people having a second or third home, as I don’t see the class above mine (a farmer getting a side hustle from his family house now that his kids have moved away) as particularly threatening or exploitative.

      It’s the faceless class above that I hold issue with, coordinated rent seeking behaviour to the degree of being able to fix prices in an area. These do tend to be in the “10+ homes” category

      • Lemming421@lemmy.world
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        4 months ago

        It depends. If you own a second home just as an AirBnB, you’re part of the problem and should be eaten after the millionaires…

        • Jyek@sh.itjust.works
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          4 months ago

          Not everyone wants to own a home. There are lots of people perfectly happy renting as long as they aren’t being dicked over on the lease. For example, I don’t want a yard and property I need to manage. I don’t particularly want to mow a lawn or tend a garden and I certainly don’t want to deal with an HOA that might force me to do so. All of that can be avoided by living in an apartment. I am totally in agreement that owning for profit property is pretty shitty, but I don’t think it makes you equal to the likes of Blackstone and Vanguard

  • Nuke_the_whales@lemmy.world
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    4 months ago

    Should be illegal to own more than two homes honestly. Especially if you’re using them as rental properties. You should get one rental property and that’s it. The rest must be residence

    • xenoclast@lemmy.world
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      4 months ago

      Just make it illegal for businesses to own real estate, or participate in real estate markets of any kind outside of strictly regulated commercial areas.

      Also make laws that protect home owners not banks… The list goes on… Nationalized food production, making it illegal for incorporated cities to have more than a very small number of homeless.

    • cheesebag@lemmy.world
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      4 months ago

      This would be a much better policy than OP’s “over 10”, since 82% of investment home purchases in Q2 2023 were to those with 9 or fewer houses. Investment purchases made up about 24% of all home purchases.

    • Kusimulkku@lemm.ee
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      4 months ago

      It’d be tough finding rental properties in cities with apartment buildings. Or you’d have mishmash of owners which could make it harder to deal with them and possibly get them built.

      Definitely would be interesting seeing how the market would deal with it.

      • umbrella@lemmy.ml
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        4 months ago

        the market is dealing with it by enriching a few landlords at the expense of a small army of homeless people in a given metropolis

  • chetradley@lemmy.world
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    4 months ago

    Found out this weekend that my uncle owns 40 houses in Indianapolis and complains about how aggressive homeless people are and how we need armed cops to deal with them.

    • carl_marks[use name]@lemmy.ml
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      4 months ago

      Check Argentina if you want to see what happens when you want to try “pure” capitalism lol Also not like there’s been a shitton of books written describing in detail it’s contradictions, which apparently you choose to ignore and espouse liberal ideology instead

    • FrowingFostek@lemmy.world
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      4 months ago

      I don’t automatically recognize posters on Lemmy but when I do, its SatansMaggotyCumFart.

      Which makes me ask, how do you identify politically?

    • OurToothbrush@lemmy.ml
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      4 months ago

      Capitalism has a strong state because with it is more competitive than capitalism without state intervention, and it also needs more protection from revolution than it used to.

      Literally just have an understanding of history and your meme ideology will be a thing of your past that is a little embarrassing

    • Liome@pawb.social
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      4 months ago

      I mean, with legal political corruption, and everything being private down to healthcare and prisons, I guess US is pretty much on it.