alt Hacker NewsI think the idea is that nobody would prefer to rent if given a choice, and that everybody could afford to own if not for the presence of landlords in the market.
Replies
BobaFloutist • last Wednesday at 8:51 PM
Which is obviously incorrect.
cloverich • last Wednesday at 10:26 PM
Possibly but that is not the main argument. The main argument is about the lesser of two evils. Do we want to prioritize the open market of SFH ownership, or do we want to prioritize (maximize) the number of people who can own a SFH. Banning multiple SFH ownership would target the latter, with the tradeoff of a restrictive ownership path for wealthy individuals.
> I think the idea is that nobody would prefer to rent if given a choice
I'd wager about 25-50% of the population prefers renting. Lots of people don't want to be tied down.