This video is extremely insightful. It is truly disappointing that young people and even young professionals with college degrees are unable to find work that pays enough money to support their own place. With either property ownership or rentals, the rise in pricing and taxes for these homeowners is unrealistic. I am hopeful for significant reform and change that might eliminate these problems. I am interested to see what solutions are put in place to help assist in this housing issue.
I feel like the housing issue should be one of the bigger microeconomics politicians focus on. I think the best option would be to implement tax cuts and incentivize land lords to lower their rents.
It is very sad to think about how difficult it has become for young people to access affordable housing.
ReplyDeleteI think this video was very interesting. I believe taxation deduction would probably be the best solution to fix this problem but I am not for sure.
ReplyDeleteThis video is extremely insightful. It is truly disappointing that young people and even young professionals with college degrees are unable to find work that pays enough money to support their own place. With either property ownership or rentals, the rise in pricing and taxes for these homeowners is unrealistic. I am hopeful for significant reform and change that might eliminate these problems. I am interested to see what solutions are put in place to help assist in this housing issue.
ReplyDeleteIt was interesting to learn about what you called the "Texas Model" i have never heard this term before.
ReplyDeleteIt is true that the housing problems are deeply rooted in microeconomic issues. Squatters are also a massive problem.
ReplyDeleteI feel like the housing issue should be one of the bigger microeconomics politicians focus on. I think the best option would be to implement tax cuts and incentivize land lords to lower their rents.
ReplyDelete