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8 months agoI wouldn’t be a huge fan of taxing unrealized gains if we hadn’t been cutting taxes for the rich for 50 years. How else are we ever going to recover from that? These guys COULD have done the right thing and supported sensible taxation policies, but they didn’t, so fuck 'em. At this point it’s either this or the guillotine.
They need to offer low interest rates for construction loans, for first time home buyers only. That would solve the housing crisis. Anything else would make inflation worse, or wouldn’t address the housing supply issues.