The second in a two-parter where we discuss whether landlords are evil. In a world where more and more urban centers in the western world are becoming unlivably expensive, should we be permitting people to treat homes as investment assets and sources of incomes? We also specifically discuss this in the context of 'leverage', which is basically when you use a mortgage to multiply your gains and losses. In this episode, we discuss whether asset ownership in general should be a means of generating returns with specific reference to Rawls and Piketty. After some back and forth on this, we look at the example set out by some other countries around the world with different living situations which haven't led to the same issues and also some discussion of potential policy solutions, and of course whether it is wrong for landlords to continue to partake in the market given the crisis. Support the show: Please leave us a review! Spotify even now let's you do it - see that little star icon, go on, give it a click. Reviews are a great way to help others find the show, and it makes us feel all warm and fuzzy inside. If you’re a fan of the show, please consider signing up to our Patreon. A small subscription of just $1 goes a long way towards supporting the show - and it makes us feel pretty great too. https://www.patreon.com/moedt. Know anyone who likes to think about or debate the kind of topics we cover? Spread the word - and you’ll have our gratitude. Keep up to date with future episodes on our website here: https://moedt.substack.com/
