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ArkeryStarkery t1_j8n98k1 wrote

Reply to comment by idreamofchickpea in How Vermont’s Housing Crisis Got So Bad by punkthesystem

It's an investment, just like stocks. A place to park money owned by people who have too much. Except unlike stocks, people who hoard real estate are complicit in an active and ongoing murder of the homeless.

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idreamofchickpea t1_j8nd4a6 wrote

So they function as tax shelters while the investors wait to sell at a profit?

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ArkeryStarkery t1_j8pq9jp wrote

Pretty much! Best thing we can do is tax the fuck out of fully unoccupied homes, imo.

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