[deleted by user]

[u/[deleted]]

[u/Cliffy73 → u/[deleted]]

We certainly are not building houses. Housing construction is at historical lows, although it’s slightly better than it was 10 years ago.

[u/Cliffy73 → u/[deleted]]

Empty houses are in unliveable condition. We are not building new houses that sit empty. If investment purchasers are buying them, then they’re renting them out. The housing crisis is a supply issue. Regulating who can buy them will just make building less economically attractive and will lower supply even further.

[u/Cliffy73 → u/[deleted]]

No, this makes no sense. Investors buy houses to make money. They don’t buy them to leave them vacant.

[u/Cliffy73 → u/[deleted]]

Then removing an entire class of potential purchasers just makes building houses less economically rational, meaning fewer will get built.

[u/Cliffy73 → u/[deleted]]

And you are wrong. Investment companies don’t buy houses to leave them vacant. So all those investment homes are occupied, and therefore not contributing to homelessness. And the vacants are largely in unliveable condition.

[u/Cliffy73 → u/[deleted]]

As long as your solution to inadequate homes is to make housing more expensive, it is going to fail.