If you outlawed real-estate agents and made housing transactions go through at-cost through a public board, you’d probably do more for housing than just about anything else.
When economists talk about non-productive uses of capital, this is what they mean. This isn’t “investing”, this is parasitism.
Just to pull a number out of my ass I think we’re 10 years away having enough people vote for affordability to actually have politicians implement any sincere policies meant to make housing affordable.
If you outlawed real-estate agents and made housing transactions go through at-cost through a public board, you’d probably do more for housing than just about anything else.
When economists talk about non-productive uses of capital, this is what they mean. This isn’t “investing”, this is parasitism.
Just to pull a number out of my ass I think we’re 10 years away having enough people vote for affordability to actually have politicians implement any sincere policies meant to make housing affordable.