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Pressed four times, housing minister refuses to say if he wants house prices to fall
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Séimhe (sé / é) lemmy.world Seimhe@lemmy.world
Joined: 2026-03-29
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37   Original
LocalAreaMan lemmy.ml LocalAreaMan@lemmy.ml
Joined: 2026-10-13
#2 · Quote Reply

Capitalism treats houses as commodities instead of homes.

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AeronMelon lemmy.world aeronmelon@lemmy.world
Joined: 2023-12-26
#3 · Quote Reply

He didn’t want to make his campaign contributors angry.

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curiousaur reddthat.com curiousaur@reddthat.com
Joined: 2023-07-20
#4 · Quote Reply

Capitalism treats houses as commodities instead of homes.

Sure, but regular folks who struggled to buy a house and have a lot of their wealth wrapped up in it can get wiped out if prices drop. Housing issues should be treated as wage issues. Bind wages to the average cost of housing.

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LocalAreaMan lemmy.ml LocalAreaMan@lemmy.ml
Joined: 2026-10-13
#5 · Quote Reply

Sure, but regular folks who struggled to buy a house and have a lot of their wealth wrapped up in it can get wiped out if prices drop. Housing issues should be treated as wage issues. Bind wages to the average cost of housing.

Dafuq? I live in my house because it's my home. It's not an investment portfolio. If housing costs go down then all that means is my property tax goes down. GOOD.

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curiousaur reddthat.com curiousaur@reddthat.com
Joined: 2023-07-20
#6 · Quote Reply

Dafuq? I live in my house because it's my home. It's not an investment portfolio. If housing costs go down then all that means is my property tax goes down. GOOD.

Unless you ever want to sell the house or borrow against it. If it's worth less than you bought it for while everything else around you gets more expensive, you're in trouble.

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Malica lemmy.zip Malica@lemmy.zip
Joined: 2026-08-27
#7 · Quote Reply

Class war is global

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LocalAreaMan lemmy.ml LocalAreaMan@lemmy.ml
Joined: 2026-10-13
#8 · Quote Reply

Unless you ever want to sell the house or borrow against it. If it's worth less than you bought it for while everything else around you gets more expensive, you're in trouble.

Yes, I'm in trouble if I see homes as commodities. I don't. What's so hard to understand?

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curiousaur reddthat.com curiousaur@reddthat.com
Joined: 2023-07-20
#9 · Quote Reply

Yes, I'm in trouble if I see homes as commodities. I don't. What's so hard to understand?

How much did you spend on your home? Home much do you make in a year?

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LocalAreaMan lemmy.ml LocalAreaMan@lemmy.ml
Joined: 2026-10-13
#10 · Quote Reply

How much did you spend on your home? Home much do you make in a year?

You're not getting the point. Landlords and speculators should be abolished, the homes nationalized.

Ask me how much I make. Psshhttt

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curiousaur reddthat.com curiousaur@reddthat.com
Joined: 2023-07-20
#11 · Quote Reply

How much did you spend on your home? Home much do you make in a year?

If you own a home, and don't care about it maintaining its value, you are either family rich and spoiled, or you're stupid. Which is it?

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curiousaur reddthat.com curiousaur@reddthat.com
Joined: 2023-07-20
#12 · Quote Reply

You're not getting the point. Landlords and speculators should be abolished, the homes nationalized. Ask me how much I make. Psshhttt

If you own a home, and don't care about it maintaining its value, you are either family rich and spoiled, or you're stupid. Which is it?

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Séimhe (sé / é) lemmy.world Seimhe@lemmy.world
Joined: 2026-03-29
#13 · (edited) Quote Reply

If you own a home, and don't care about it maintaining its value, you are either family rich and spoiled, or you're stupid. Which is it?

That’s the cold-blooded perspective, so you’ve omitted the most important options:

Caring about greater society, equality and the harms caused to the environment by the growth/extractive mindset.

You’ll also make money from investing in the arms trade, by the way.

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LocalAreaMan lemmy.ml LocalAreaMan@lemmy.ml
Joined: 2026-10-13
#14 · Quote Reply

If you own a home, and don't care about it maintaining its value, you are either family rich and spoiled, or you're stupid. Which is it?

You can't imagine a value that's not monetary.

And I'm either rich or stupid?

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curiousaur reddthat.com curiousaur@reddthat.com
Joined: 2023-07-20
#15 · Quote Reply

You can't imagine a value that's not monetary. And I'm either rich or stupid?

Yes. Which one?

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