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

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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?

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[-] gusgalarnyk@lemmy.world 13 points 3 months ago

If housing is an investment ("a nest egg") then the people and policies that support it as an investment will stand directly opposed to people and policies that want housing to be affordable and a right.

Housing cannot be an investment vehicle akin to stocks in a society that meaningfully values housing for everyone as an objective to strive for.

this post was submitted on 26 Jul 2024

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