Such an extremist take is difficult to implement in practice. A healthy rental market gives significant power to the potential renters. Key word: healthy.
Low income housing can get taken over by the state but that’s not the only section of the market. White collar workers have also seen an increase in their mobility, for example.
Edit: Wow, some people read this and must have thought I was in support of house scalpers. But I have been a renter most of my adult life, and see the benefits. I appreciated being protected by the law, I hated when I wasn’t. I saw the effects of both on the market and I am confident a healthy housing market not governed by scalpers is totally possible. Just often not the reality.
Also, a lot of people explicitly do not want to own their home as that requires a lot of work to maintain it that is hugely expensive if you can’t do it yourself. I do however agree that “house scalpers” should receive a guillotine haircut for free.
I have a career that required me to move internationally every 2-3 years. I definitely did not want to buy and sell houses at such pace, without even having a credit record in the new country. Scalpers should be treated like cockroaches though.
Such an extremist take is difficult to implement in practice. A healthy rental market gives significant power to the potential renters. Key word: healthy.
Low income housing can get taken over by the state but that’s not the only section of the market. White collar workers have also seen an increase in their mobility, for example.
Edit: Wow, some people read this and must have thought I was in support of house scalpers. But I have been a renter most of my adult life, and see the benefits. I appreciated being protected by the law, I hated when I wasn’t. I saw the effects of both on the market and I am confident a healthy housing market not governed by scalpers is totally possible. Just often not the reality.
Also, a lot of people explicitly do not want to own their home as that requires a lot of work to maintain it that is hugely expensive if you can’t do it yourself. I do however agree that “house scalpers” should receive a guillotine haircut for free.
I have a career that required me to move internationally every 2-3 years. I definitely did not want to buy and sell houses at such pace, without even having a credit record in the new country. Scalpers should be treated like cockroaches though.