@Natanox @kaia @eal
>We see what happens both in libertarian hellscapes like the US as well as authoritarian trashterrain like China or Russia. Poor people and communities get fucked over in both of these extremes.
All three of those countries have heavily regulated housing markets. The US is no more libertarian than Germany, for that matter.
>We see what happens both in libertarian hellscapes like the US as well as authoritarian trashterrain like China or Russia. Poor people and communities get fucked over in both of these extremes.
All three of those countries have heavily regulated housing markets. The US is no more libertarian than Germany, for that matter.
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@newt @kaia @Natanox @eal
Russia is particularly fucked in this regard, it has both: high tax rates and government sponsored mortgage (again at taxpayers' expense) that only prevents the market balancing keeps the prices high.
I expect this pyramid scheme that they've conceived only to rescue the property developers and pretent that the economy is still going strong, to be one of the main reasons for the economy to crash in the near future, but we'll see…
