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Lindsiria t1_j5upc3z wrote

Bad idea.

There are a lot of families who can't afford (even if the prices dropped) or don't want to own a home.

The majority of houses (not apartments) rented out are by every day people, not corporations. If we got rid of that, you would have a group of people who would not have a place or crammed into apartments.

Many families would get fucked with this.

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gopac56 t1_j5uz83d wrote

Supply goes up, demand stays the same. How exactly would this turn out bad?

Obviously it's closing the barn doors after the horses have left.

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Lindsiria t1_j5v1xlg wrote

How would supply go up for rental houses? If everyone was only allowed one house, it would mean there are no rental houses available.

What if I'm a family of five who just moved to an area but don't want to buy a place just yet?

Or someone who just wants a small townhouse to rent and not own?

Or a single mother, recently divorced, who doesn't have the down payment for a house.

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gopac56 t1_j5w5r9x wrote

I don't understand how an abundance of housing would hurt people who don't have houses currently.

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Lindsiria t1_j5wtcyl wrote

Because not everyone wants to own/can own?

If there aren't any rental properties, people would have to buy or be homeless. And if everyone is only allowed one property, there would not be any rentals.

It would really suck for new immigrants and those struggling.

I don't get what you aren't understanding here.

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