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this post was submitted on 14 Sep 2023
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What is the plan to avoid this just ending up as a bargain for the speculators that routinely up new properties to rent/resell at a markup? Is there something in the legislation to counter predatory practices?
Housing is financialized because it’s a scarce commodity. Removing scarcity removes financialization.
An abundance of housing improves options and lowers rents.