The housing market crisis could be easily solved by making much easier the building of new homes, reducing bureaucracy etc. But if you do this, a lot of new houses enter the market and would reduce a lot the value of people that have their investments in real estate (boomers), that’s why they aren’t interested in fixing the housing crisis, they would lose 2/3 of their votes.🤮
Discussion
It could easily be solved *except for the solution would make the majority of people poorer…
Well, a house shouldn’t be an investment, it should be a basic thing where you live. A young person should be able to buy it without entering 50 year mortgages. Is incomprensible to fuck the new and young generation to benefit the old ones