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kinyutaka

@zombiecide

Oh, believe you me, I am not a huge fan of apartment living, but that's what will end up happening if we don't allow and encourage individual home ownership.

Here is a proposal, rental inheritance. If a house is being rented out, then the renter inherits the house upon the death of the owner, instead of the children. And a massive penalty to transferring ownership of a rental home to anyone but the renter, including as a gift or a sale.

3 comments
kinyutaka replied to kinyutaka

@zombiecide

Like, if I am living in a home worth $250,000, and the owner passes the home to his kid to prevent it from going to me, it could cost $225,000 in extra taxes. Congrats, you can keep the house, but you'll never profit.

Or they could sell the home to me early, and even if I only give them $100,000 it's more than they'd get from keeping the home and renting it more.

And if they just wait, I get the home free.

zombiecide replied to kinyutaka

@kinyutaka You just ignored the issued I mentioned about suburbanization, families growing, shrinking and members getting elderly. And with the same floor space in a detached/semi house requiring more resources, land and energy than in an apartment block.

Coop housing can cope with all that, syndicated housing even better.

kinyutaka replied to zombiecide

@zombiecide

I am not sure how co-op or syndicated housing is supposed to work, so I can't speak on that.

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