The Picard Maneuver@lemmy.world to Microblog Memes@lemmy.worldEnglish · 7 天前What could go wrong?lemmy.worldimagemessage-square206fedilinkarrow-up11.38Karrow-down132
arrow-up11.35Karrow-down1imageWhat could go wrong?lemmy.worldThe Picard Maneuver@lemmy.world to Microblog Memes@lemmy.worldEnglish · 7 天前message-square206fedilink
minus-squareJasonDJ@lemmy.ziplinkfedilinkEnglisharrow-up13arrow-down2·7 天前Home values themselves would tank. I imagine there would be far fewer people willing to pay thousands of dollars for a mortgage when rent is only $100 and maintenance is someone else’s problem. Hell, home maintenance and repairs alone are well more than that.
minus-squareManalith@midwest.sociallinkfedilinkEnglisharrow-up5arrow-down2·7 天前Then maybe we could adjust our zoning laws and take better advantage of the land available. Houses aren’t very effective use of land.
Home values themselves would tank.
I imagine there would be far fewer people willing to pay thousands of dollars for a mortgage when rent is only $100 and maintenance is someone else’s problem. Hell, home maintenance and repairs alone are well more than that.
Then maybe we could adjust our zoning laws and take better advantage of the land available. Houses aren’t very effective use of land.