minus-squareUllallulloo@civilloquy.comtoWorld News@lemmy.world•Spain proposes 100% tax on homes bought by non-EU residentslinkfedilinkEnglisharrow-up1arrow-down3·1 month agoScience has shown that even just building high-end housing will lower housing prices across the board: https://www.sciencedirect.com/science/article/pii/S0094119022001048?via=ihub They take the money from the rich people, lowering prices in the middle class, lowering prices for the lower class. linkfedilink
minus-squareUllallulloo@civilloquy.comtoWorld News@lemmy.world•Spain proposes 100% tax on homes bought by non-EU residentslinkfedilinkEnglisharrow-up1arrow-down3·1 month agoLiterally just building more houses does work though. linkfedilink
Science has shown that even just building high-end housing will lower housing prices across the board: https://www.sciencedirect.com/science/article/pii/S0094119022001048?via=ihub
They take the money from the rich people, lowering prices in the middle class, lowering prices for the lower class.