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Subject:  Re: Nationalize Rental Housing? Date:  11/17/2021  12:02 PM
Author:  JAFO31 Number:  14377 of 14464

Bonroy1924: "But the headline piqued my interest and I gotta say..... when I contemplated what this man wrote, I came away seeing his reasoning. I'd say - 30% chance of this happening.

"Prediction For 2030: A Government Take Over Of Rental Housing"

I see little chance of a nationalization of rental housing. It reads to me like some far-left wet dream.

If loan for houses go away, home ownership rates will likely drop and more people will become renters. France, Sweden, U.K. Japan, Austria, Germany, Switzerland all have lower home ownership rates that the USA. Doing away with purchase loans will not affect the cost of materials (unless far fewer homes are built) and likely will not much affect the price of land in the long-run.

I do not think that college loans are a good analogy.

I also think that the courts tilt so far right, especially USSC, that 2022 election will have little effect in the short to mid run - say 5 - 10 years.

Regards, JAFO
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