Comment by pydry
2 days ago
Your argument here is simply "rich people dont take second homes".
I think it's rather obvious that they do.
2 days ago
Your argument here is simply "rich people dont take second homes".
I think it's rather obvious that they do.
The number of rich people buying random unoccupied apartments in new multifamily developments has measure zero in the greater scheme of North American housing policy. Meanwhile: the construction of still more housing works against the interests of anyone who would buy a random apartment and hold it vacant as an investment interest, so this is a doubly facile point.