If you pay 1% for one house, someone with 2 houses should pay 2%, and a company with 2000 homes should pay 2000%
That would make it increasingly difficult for mega companies to buy up everything and torture the housing market
If you pay 1% for one house, someone with 2 houses should pay 2%, and a company with 2000 homes should pay 2000%
That would make it increasingly difficult for mega companies to buy up everything and torture the housing market
I live every day without using a “net worth”. You can not spend, trade, or consume a “net worth”. If your government decides to print a bunch a money inflation is going to cause your “net worth” to be a bigger number, but that doesn’t change how many things you own. If the housing market crashes that also doesn’t change how many things you own, but your “net worth” changes to a different imaginary number.
Fair enough. I’m a paranoid human being.