If only people had government backed retiree funds
Social security? Hard part’s done. Let’s crank the value and means-test it. You don’t hear this much, for obvious reasons, but social security is totally solvent if means-tested. Same should apply with student loans.
But also, I’d argue people will always chase free money, so the best thing to do is disincentivize owning a home specifically because it’s an investment. This is very doable by simply changing zoning laws, and this change can be effected locally (but is very challenging because homeowners love their free money)
If only people had government backed retiree funda so people didn’t need to worry about money when they’re old
Social security? Hard part’s done. Let’s crank the value and means-test it. You don’t hear this much, for obvious reasons, but social security is totally solvent if means-tested. Same should apply with student loans.
But also, I’d argue people will always chase free money, so the best thing to do is disincentivize owning a home specifically because it’s an investment. This is very doable by simply changing zoning laws, and this change can be effected locally (but is very challenging because homeowners love their free money)