Edit: a week later i was wondering how far image generators get political context right. So i tried the same prompt on civitai ( without any additional resources ). Bing did a better job with the context, at least it repeated some of the input.
This is one of the most destructive things we’ve done as a society: making our homes into investment vehicles. It is the root cause of people no longer being able to afford housing.
Homes don’t generate value though. Nothing more is being created by them existing. How can it possibly be an investment generating more wealth when the underlying asset remains unchanged?
It’s just a pyramid scheme to expect the same exact home to continue going up in value as an investment. The only possible result is a shortage of housing with unreasonably high prices
I don’t think we need to make this literally true - we can put in a lot of wiggle room, because we just need to restrict doing this at scale
Say, no more than 2 homes per household, 1 extra for each additional adult. You want a vacation house, or a place near work? Fine. You want to buy another house and take your time moving? Fine. You want both? Make some compromises.
Or we could make the limit 5 per household - that would be excessive, but if they couldn’t rent them out it would still decomodify housing, because it’s people buying homes at scale that really is killing us
From there, you’d crack down locally - if you want to live in the boonies, I don’t care if you have 5 acres. If you live in a city with a housing shortage, maybe you only get a certain square footage per person, maybe certain areas are primary residence only, or however you want to slice it
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