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austhrow743last Wednesday at 11:02 PM1 replyview on HN

>It will make very little difference in the end.

It will make very little difference if Wall Street investors hold very little property.

Putting a finger on the scale of how much real estate is individually owned definitely makes a difference though. It makes it worse.

100,000 individuals who own 100,000 properties have far more political power than 10 companies who own 100,000 properties.

>If you want housing to be cheaper and renters to be better treated, increase supply. Everything else is window-dressing.

Yes. However supply is artificially restricted by government, to the approval of the average property owning voter. So more specifically, that is what needs to be changed. Everything else is window-dressing.

This is a country sliding further towards being us, with their housing being more restricted and more expensive.


Replies

ZeWakalast Wednesday at 11:33 PM

> 100,000 individuals who own 100,000 properties have far more political power than 10 companies who own 100,000 properties.

Is that really true in the US?

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