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Joined 10 months ago
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Cake day: September 15th, 2023

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  • After reading (3), I was going to suggest (4), but you did it yourself.

    We should drastically raise property taxes and make them deductible from income taxes for owner-occupied housing up to a certain amount.

    That would really put middle class home owners and starters in a competitive position compared to those who consume a lot of housing.

    And this, in turn, will incentivize property developers to target the middle class


  • Yes, but that’s not the only factor.

    We also have a larger population. And we have smaller household sizes, which means that the number of households has grown even quicker than the population. And higher rates of urbanisation, which means those households all want to live in a few overcrowded urban areas.

    And we have more households owning multiple homes, either as investment, for recreational usage or to rent it out.

    Solving these issues will not be simple, but it has to be done.


  • There is a difference between electricity and thermal energy.

    I don’t know the details, but it’s highly likely that they are using waste heat from power generation or industrial processes here. They are not going to be using excess renewable energy.

    To use excess wind or solar to generate thermal energy, you would need to invest in extra grid capacity, or electric energy storage (e.g. batteries, which are much more expensive) and either use heat pumps, or resistive elements, which would then require even more grid capacity.

    And even if you would do all of that, you would only have excess renewable energy a few hundred hours per year, so it will not pay for itself