if mortgages were made illegal, home prices would fall 90% that's a fact. there's no reason not to do that either. if you'd vote me president i have solutions to all problems. homes can only be bought with 100% full amount at once, no payments.
but you're all too stupid to vote for me for president.
>>541488808>>541488818>>888X8>Goy1wZLTKek, you got my vote. I'll send it by mail from my favela.
>>541488808oooooooorrr the (((corporations))) buy all houses and you own nothing you stupid fucking nigger get off my board
>>541488808I favor a 100% cash transaction and aspire to do it myself, but what makes you think it wouldn't just incentivize investment banks to buy up all the houses and charge over $1 million for them?Yes, it would eliminate the shady practice of peddling a house to morons at a quarter million with a 30 year mortgage, but why wouldn't they just say hey, we want a full million now instead? Take it or leave it.
>>541488907Okay, this was more concise and direct than my reply, let's go with this.
>>541488976overall i'd do what xi jinping did and say "houses are for living in, not investments" and make corporate house ownership illegal
>>541488808home prices wouldnt fall, all real estate would just shoot up in price to almost infinity
>>541488808blackrock and vanguard would buy them all up and make them rentals.
>>541489033china built a massive oversupply of houses to drive down price. we can't do that
>>541488808The moment housing became an investment, it was over. Collapsing it, would collapse the system
>>541489033>corpos can't do X, only people can do XThe easiest shit ever is to buy a random hobo's name for the price of a rotten meal and now you can do whatever a person can.
>>541489158Yeah we can just deregulate so you can legally live in a shipping container with a solar panel on top
>>541489133renting would become illegal. because houses cant be investments
>>541488808If you made selling houses illegal their price would be zero or even negative
