“The fact is that property offers a better return than other investments. We have an economic model that encourages investment in assets that don’t create any value but simply use rent as a way of sucking money out of the middle classes“
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The state wants the sheeple to blame landlords. Don't look at the price of gold over the same period or, god forbid, bitcoin. Don't even think to mention Euro debasement.
I don't suppose anyone's considering making it easier to develop more and cheaper housing.
Here in the US we sure aren't. People don't seem to comprehend that "affordable housing" is incompatible with the mandates on increased standards of living that they keep voting for.
That's why I asked. I figured this issue is just as dumb anywhere that has a "housing crisis".
Generally every gov will come in and say yeah we’re gonna build ‘X’ number of houses only to be hit with a barrage of red tape, environmental opposition and NIMBYISM. Everyone thinks it’s a good idea to build affordable housing as long as it’s not near them
Much the same here (Or at least the parts with unaffordable housing).
They need to look into Argentine, this is the same storytelling to put the state in the middle.
See the pattern? They want to robe you one more time, stop watching the news, use bitcoin, there is NO issue, just the state making noise between private.
Great point. Solutions almost never come from the state.
Reminds me when I used to be a landlord, renting cheap student apartments... It actually sucked more money out of my pockets, until I finally sold everything for bitcoin.
Never again!
It's crazy how the housing crisis is just this ongoing problem that keeps getting worse. In Spain, people are protesting against sky-high rents and unaffordable homes, and it’s eerily similar to what's going on in Ireland.
The system's rigged - the governments talks a big game, but nothing changes. It's all about profit for the rich, and we get stuck paying for it. When will they realize we need affordable housing, not endless handouts to developers? Everyone is fed up, and honestly, things need to change before it gets even worse, because they most certainly will.
Investment in housing/real estate doesn't offer any real return—only nominal. In other words, it merely protects against actual inflation (which is much higher than the official rate).
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If they go to tinny towns they will find a great offer of cheap houses, but they want big cities.