Stephen Kinsella on the housing market

Stephen Kinsella on the housing market

The system we have set up is driving the negative outcomes we are seeing, where The Economist calculates house prices are 25 per cent overvalued, 10,000 people are homeless, and we can expect another boom/bust cycle in property to come

Imagine you created a system where the government buys things when they are expensive, and sells them when they are cheap, where certain groups get valuable assets at steep discounts, where those at both the top and the bottom of the income distribution scale are supported to varying degrees by those in the middle, where there is no incentive to ever keep these assets from depreciating, and where, after decades of this exact same system...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post