AN it is not worth arguing over. CAR try not to confuse home ownership with shelter okay. Really is that the best you can do?
Let’s prohibit people from buying homes? Really.
Okay then play fair, make it even, you should be prohibited from buying a home until EVERYONE can afford a home.
Isn’t that a gaurantee that ALL OF SOCIETY will get shelter which in your own argument means home ownership.
You see the argument is about what is best for society but what I read is actually what is best for me. I am frustrated so we need to do what is best for society. Thus lets lock out those evil foreigners, lock out those evil investors.
If you want the argument to be REALLY for society then it doesn’t really work does it? Because for society means everyone gets a home. EVERYONE GETS A HOME, not just you. That also means that someone gets a beach home and someone gets a crapper in El Cajon but who decides who gets what?
You see the argument becomes so overwhelmingly absurd that inevitably the idea that desireability is something that has value and can be attained through hard work rather then having it given to you just because of a utopian dream. Unfortunately many gain wealth and can procure things without working hard. It is how the world operates. However people have the freedom to live wherever they want and guess what.. the are plenty of other cities with fantastic housing prices, better employment, lower taxes, and many many many citizens love living there.
Nobody is forcing you to live in one of the highest priced housing markets in the country. Cries to implement or restrict buyers because of their means or citizenship is to me, more based on selfishness rather then anything else. Your argument may be based on housing only, but can be abstracted to other assets as well.