On: Priced out of home ownership

[iteria]

All that would result in is less transparency. People wouldn't put their house openly for sale anyone and you'd just create informal market places. Or worse people would just hang onto properties and not sell them at all, biasing towards turning houses into rentals.

[joecool1029 → iteria]

> All that would result in is less transparency.

Most houses are listed publicly, require it for all of them. Transparency issue solved.

> Or worse people would just hang onto properties and not sell them at all, biasing towards turning houses into rentals.

This is done already? Still an improvement over leaving them empty indefinitley.

[bluGill → joecool1029]

> Most houses are listed publicly, require it for all of them. Transparency issue solved.

How will you do that. Remember: "I wasn't planning to sell my old house at all, but when I got this offer out of the blue I decided to take it".