Libertarians, convince me why we shouldn't pass laws preventing foreign buyers from buying up huge stores of houses in the US as stores of capital?
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Replying to @orthonormalist
Libertarian response is to loosen building restrictions until foreigners buy bonds and equities instead.
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Replying to @matthews_bd @orthonormalist
Foreigners buying Vancouver and NYC condos is a symptom, not its own problem.
1 reply 0 retweets 4 likes
Replying to @matthews_bd @orthonormalist
Which you can see because SF has building restrictions and home prices are inflated from locals buying.
3:55 PM - 14 Aug 2018
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3 likes
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