Quote:
Originally Posted by OneHungLo
Having the government come in and give away free houses will crush the 32 TRILLION dollar real estate market. You're fucking clueless. Just replace houses with cars. If the government came in and gave millions of people free government cars, what would it do to the auto industry? and that's only a 1.7 trillion industry!
You're either a communist or at the very least a socialist.
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it will not crush the market if it is done gradually...give the leeches time to adapt...you are completely ignoring the massive positive effect it will have in the long run...you can repeat "it will crash the market" all you want but housing is not something that should be speculated with and it is very possible to gradually phase out predatory investing in housing...
you could also slowly start introducing free medicine...free college...have debt free citizens who have disposable income...this is what keeps an economy strong...
it is pure capitalism...you are a fucking commie if you do not want citizens to have more disposable income and not have to trickle that money up...