• @JasonDJ@lemmy.zip
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    1314 days ago

    Home values themselves would tank.

    I imagine there would be far fewer people willing to pay thousands of dollars for a mortgage when rent is only $100 and maintenance is someone else’s problem. Hell, home maintenance and repairs alone are well more than that.

    • @Manalith@midwest.social
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      514 days ago

      Then maybe we could adjust our zoning laws and take better advantage of the land available. Houses aren’t very effective use of land.