If your goal is to not let any poor people live near you, while still maintaining the outward appearance of being some kind of socialist, you should convince yourself of something like this.
pic.twitter.com/RcIMkQGgOS
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Let’s not ignore the value in just tempering the rise in prices. There is a reason we want inflation low. The idea that restricting supply is somehow a benefit to anyone but existing owners is mind-boggling to me.
Problem: Rich people have enough money to buy all of the new supply. Solution: Don't build any new supply. Potential Wrinkle: Rich people will buy all of the existing supply.
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