this post was submitted on 20 Aug 2023
706 points (96.8% liked)

Asklemmy

43912 readers
907 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy ๐Ÿ”

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] los_chill@programming.dev 21 points 1 year ago

For-profit housing is a massive racket. Investment firms posing as housing developers get tax breaks for buying up properties, inflating the market, pricing out families, and renting those same homes back to the community to pay the mortgage on their investment, plus profit. What fucking purpose do they serve society? Pure predatory capitalist greed at the expense of our housing. For-profit housing needs to be banned. Investment real estate needs to be regulated until all our citizens can afford to buy homes in their localities.