axEl7fB5@lemmy.cafe to People Twitter@sh.itjust.worksEnglish · 14 days agoSatire is indistinguishable from stupiditylemmy.cafeexternal-linkmessage-square263fedilinkarrow-up1989arrow-down112file-text
arrow-up1977arrow-down1external-linkSatire is indistinguishable from stupiditylemmy.cafeaxEl7fB5@lemmy.cafe to People Twitter@sh.itjust.worksEnglish · 14 days agomessage-square263fedilinkfile-text
minus-squareIlovethebomb@sh.itjust.workslinkfedilinkarrow-up1·13 days agoThey’re not going to sell for less than what they can make off the property though, are they?
minus-squareboonhet@sopuli.xyzlinkfedilinkarrow-up2·13 days agoThen they’ll continue renting these properties at the new rates? Works too.
minus-squareIlovethebomb@sh.itjust.workslinkfedilinkarrow-up1·13 days agoUntil those properties slowly disappear from the rental market as they’re bought by owner occupiers. Which is a problem if you can’t afford to buy a property.
minus-squareboonhet@sopuli.xyzlinkfedilinkarrow-up3·13 days agoSo the entire city will only be owner-occupiers? Sounds like almost everyone living in the city has their problems solved. The city can build more rent-controlled units.
They’re not going to sell for less than what they can make off the property though, are they?
Then they’ll continue renting these properties at the new rates? Works too.
Until those properties slowly disappear from the rental market as they’re bought by owner occupiers.
Which is a problem if you can’t afford to buy a property.
So the entire city will only be owner-occupiers? Sounds like almost everyone living in the city has their problems solved. The city can build more rent-controlled units.