• Coreidan@lemmy.world
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    10 months ago

    The reason houses are expensive is because investment firms are buying them up with cash.

    There are entire neighborhoods owned by investment firms. A lot of these homes are empty and are just used to prop up housing costs.

    The issue isn’t supply, it’s policy. The issue is reckless monetary policy combined with banks/investment firms controlling the market.

    If you want cheaper housing building more isn’t the answer. The real answer is banning corporations from owning homes.