Skip to main content
No. of Recommendations: 0
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.

https://www.forbes.com/sites/rogervaldez/2020/01/07/predicti......

"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
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.