Is second/third home ownership ethical in this economy? (links.hackliberty.org)

submitted 3 months ago by LunchMoneyThief@links.hackliberty.org to c/asklemmy@lemmy.world

91 comments fedilink hide all child comments

Especially when those 2nd, 3rd, + properties are being used as passive short term rentals. Observing the state of the housing situation "Hmm there aren't enough homes for normal families to each have a chance, I should turn this extra property of mine into a vacation rental." does this make said person a POS?

you are viewing a single comment's thread
view the rest of the comments

[-] BlackLaZoR@kbin.run 3 points 3 months ago* (last edited 3 months ago)

I think the question should be: Are artificial barriers against increasing density of residential areas and other limitations on new housing ethical. The answer is no.

I'm always astonished when I read another news about housing getting even more expensive.

Block apartments, are mass produced goods. In the free market economy they have no right to appreciate in value, for the same reason your average car doesn't - as building houses gets more profitable, the construction industry should ramp up.

this post was submitted on 26 Jul 2024

95 points (85.2% liked)

Ask Lemmy

26673 readers

1421 users here now

A Fediverse community for open-ended, thought provoking questions

Please don't post about US Politics.

Rules: (interactive)

1) Be nice and; have fun

Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them

2) All posts must end with a '?'

This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?

3) No spam

Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.

4) NSFW is okay, within reason

Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com. NSFW comments should be restricted to posts tagged [NSFW].

5) This is not a support community.

It is not a place for 'how do I?', type questions. If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.

Reminder: The terms of service apply here too.