this post was submitted on 04 Jan 2024
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[–] possiblylinux127@lemmy.zip -5 points 9 months ago (1 children)

I think a lot of families can't afford a home. This law would cause a huge amount of homelessness and lead to the suffering if many many people.

[–] Rolder@reddthat.com 4 points 9 months ago (1 children)

In my mind the prices would go down if you don’t have big hedge funds and shit to compete with.

[–] possiblylinux127@lemmy.zip 1 points 9 months ago (1 children)

Prices are primarily controlled by demand that is why properties in areas that are growing are very expensive.

[–] Rolder@reddthat.com 1 points 9 months ago

Right. Block big landlords from buying up houses wholesale = less demand = lower price.