Primary and secondary residence. Shouldn’t get tax benefits if it’s not a primary residence.
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Replying to @kimmaicutler @johnleemk and
The whole model of housing is just f--ked. I can't seen any realistic way of reconciling "housing is a right" with housing as an investment opportunity.
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Replying to @coolgrey @johnleemk and
No and sorry, America is literally built on this principle of the sanctity of property rights and property rights being a core part of its version of democracy. That’s not changing anytime soon. So you have to work around it or at least mitigate it.
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Replying to @kimmaicutler @coolgrey and
yet again, hearing convenient apologies for the real estate industry.
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Replying to @chrsdcook @coolgrey and
The “real estate industry” is not a monolithic entity. Apartment owners and builders of new housing and real estate agents don’t have the same interests. Anyway when you figure out how to convince American voters to willingly destroy the largest pt of their wealth, let us know!
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Replying to @kimmaicutler @coolgrey and
I know it's not monolithic, but to deny that there is a corporate real estate industry and developer industry that's pushing this agenda is disingenuous.
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Replying to @chrsdcook @coolgrey and
apartment owners like scarcity -- enables them to charge more rent without doing any extra work. Real estate developers want to build. Different entities have different interests & agendas.
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Replying to @kimmaicutler @coolgrey and
Yes I'm aware of that, that's pretty obvious. But it feels like you're trying to obscure the fact that there are strong industry interests behind this build baby build agenda.
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Replying to @chrsdcook @kimmaicutler and
Shockingly the people who would benefit from building more housing are quite vocal in their support of building more housing, no matter how base or noble their motives might be.
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Replying to @johnleemk @kimmaicutler and
Just because it's unsurprising doesn't make it healthy or ok. Unless you support industry profit interests driving public policy. Real estate industry was prime pusher of weiner bill.
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Have you not noticed that the entire postwar US housing system is centrally structured around real estate being the core component of household wealth and that in either situation, actors are at least partially motivated by profit interests? Realtors are pushing P13 initiative.
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