The Picard Maneuver to Microblog Memes@lemmy.worldEnglish • 3 months agoWhat could go wrong?lemmy.worldimagemessage-square200arrow-up11.39K
arrow-up11.39KimageWhat could go wrong?lemmy.worldThe Picard Maneuver to Microblog Memes@lemmy.worldEnglish • 3 months agomessage-square200
minus-square@JasonDJ@lemmy.ziplinkfedilinkEnglish13•3 months agoHome 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-square@Manalith@midwest.sociallinkfedilinkEnglish5•2 months agoThen 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.