Many of the world’s largest investment firms have launched new funds over the past couple of years aimed at acquiring or building single-family homes to use as rentals. This comes as no surprise considering that the increased cost of buying a home has forced many Americans into being tenants instead of homeowners. Arrived, a young real estate company backed by Amazon.com Inc. founder Jeff Bezos, has just announced its entry into the single-family rental fund space. Arrived currently operates a f
  • SCB@lemmy.world
    2·
    1 year ago

    Besides which, as someone else in the thread mentioned, perhaps a heavy capital gains tax in the first 2 years is more appropriate.

    I didn’t see this, but I would definitely agree with this. Really simple lever to pull, something that can be offset if need be, and will definitely have the impact we’re looking for.

    Realistically, building high density living won’t make a dent in housing prices, because new high density living in high demand areas will always be built as “luxury” condos that demand a high price

    This frees up housing downstream, and the builders make money by building, not by the eventual value of the home.

    This ties in with point 1 above and why I think it will cut production. Right now there is essentially 0 risk in serving as capital to build housing, and we should be piling on that to build as much as possible.