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New Legislation Proposes to Take Wall Street Out of the Housing Market (www.nytimes.com)

submitted 2 years ago by return2ozma@lemmy.world to c/news@lemmy.world

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[–] KevonLooney@lemm.ee 3 points 2 years ago* (1 child)

Making housing "affordable" by increasing the supply of new houses disproportionately benefits the wealthy.

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[–] Arbiter@lemm.ee -1 points 2 years ago (2 children)

Some people need to imagine how they can get cheap thingies while the people who they bought from still make a profit. Does this matter? With cheap houses they will have many children which will push for more houses until either the earth becomes just houses or their demands are squashed and they become sardines.

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[–] SCB@lemmy.world 2 points 2 years ago*