Things don’t get cheaper for no reason.
Will only get cheaper if there is large scale deflation, and then nobody will be able to afford a house because everyone will be unemployed.
Or very high and progressive multi-property taxes 🫣
Make it less economically attractive to own multiple houses (ban Air B&B, high tax rate on ownership beyond primary residence, ban corporate ownership of certain types of home, etc) and maybe we’ll see some shift.
There already is higher tax rates and higher mortgage rates on investment properties. It’s still worth it for small time investors.
Sure. Make 'em even higher. Plus all the other suggestions.
and if that still doesn’t work, i’m sure public flogging would have an effect.
I am brave enough to support public flogging of landlords.
Yeah, where are the insurance skeptics?
That’s why California and Florida have a public fund to let residents in disaster prone areas to rebuild their homes in the same place with little changes. Most homes in those areas are less than 5 years old.
