2 price housing system

I support a two-tier price housing system. 

• This year, I tried to buy a home three times. All three times I got outbid, and at least two of the three times I was beaten out by an investor or a corporation who was willing to pay in all cash. 

• There is something deeply wrong with the state of housing in cities in America (and across the world). When a city becomes unaffordable to find a place to live, it loses the magic of its diversity of thought, opinions, and options for professions one can choose to take on. In other words, it becomes a more homogenous, less inspired, and less free society. 

• Housing in many cities is typically blocked by zoning or is high priced. If cheaper, it is likely in low stock and often restricted on income. Everyone should have a chance to own a home, at least before folks get a second home. But, as I learned from putting in a housing offer, the reality is it's often easier to buy a second home than a first home, particularly if you are a corporation. I believe housing should be first and foremost a place to live rather than an investment. It is the definition of rent-seeking to build a system that incentivizes gain from property before housing people. 

• One solution might be to have a two price housing system. If the home is your primary home you pay full price minus a first price homebuyer rebate. However, if the home is a second+ home or investment, you pay a 10% surcharge, which goes back to making it cheaper for first time homebuyers to afford a home. This system would de-incentivize the worst of commodity hoarding while expanding access to one of the best ways to build and maintain wealth, while protecting the true intent of property rights.