Fried_out_Kombi@lemmy.worldM to Yes in my backyard!@lemmy.worldEnglish · 28 days ago[article] Opinion: Making housing more affordable means your home’s value is going to have to come downwww.theglobeandmail.comexternal-linkmessage-square17fedilinkarrow-up171file-text
arrow-up171external-link[article] Opinion: Making housing more affordable means your home’s value is going to have to come downwww.theglobeandmail.comFried_out_Kombi@lemmy.worldM to Yes in my backyard!@lemmy.worldEnglish · 28 days agomessage-square17fedilinkfile-text
minus-squareBeefPiano@lemmy.worldlinkfedilinkEnglisharrow-up30·28 days agoI’m ok with that. If I sell my house, I’ll need to buy another one, which will be cheaper too. The only people who lose out are investors that treat a necessity of life as a get rich quick scheme.
minus-squareSkyNTP@lemmy.mllinkfedilinkarrow-up5·28 days agoMostly right. But it could also affect retirees that placed retirement savings in their own home (i.e. via reverse mortgage).
I’m ok with that. If I sell my house, I’ll need to buy another one, which will be cheaper too. The only people who lose out are investors that treat a necessity of life as a get rich quick scheme.
Mostly right. But it could also affect retirees that placed retirement savings in their own home (i.e. via reverse mortgage).