A lot of people mentioned affordable housing is a big issue. Would capping the amount of house price increases annually be acceptable or too much government over reach? Like a certain percentage that sellers could not go past.
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What if an initial government grant builds a number of condos or apartments. And rents only go to rebuilding that grant, and maintenance, since it is state owned. The rebuilt grant amt from rents then pays to build the next block of apt/condos and they pay into the fund too, etc
That sounds like a good idea but maybe do a rent to own program after a certain amount of time and limit resale prices to ensure others can benefit in the future.
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Eric, back off your are not going to limit the sale price of my home. If you think this is a good idea, stay out of congress and stick to making signs.
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This was about government owned property that would transition to pvt owned that would stay at its original price to pass on affordability not an investment.
End of conversation
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