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Shkruar nga Arben Malaj
The model that was so passionately defended by his colleague Shakohoxha and his supporters on television shows gives himself the right to declare himself as the great-grandson of Adam Smith or the biological son of Milton Friedman...
1. The pace of real estate price growth is outside of historical trends.
2. The euphoric rise in house prices is also fueled by illegal financial sources that drive a distorted increase in demand.
3. In the face of the euphoric rise in house prices, cyclical measures are required.
4. The first to act are the central banks.
4.1 They tighten monetary policies to discourage price increases resulting from increased lending due to low cost of money/bank interest rates.
4.2 This measure aims to, and often achieves, reduce the rate of house price growth.
5. The second is taxation policies, especially for buyers of expensive homes and for foreigners.
5.1 Additional budget revenues from differentiated and disincentive taxation for purchases that impoverish local residents because they increase their inability to own a home.
5.2 These additional revenues from increased and discouraging taxation should have as their sole destination the subsidization of public housing policies, even free housing.
5.3 The German government's free housing policy to stop leaving the country helps colleague ShakoHoxha, at a minimum, understand that:
5.3.1 While oligarchs aim for the highest prices and profits
5.3.2 The greater the responsibility of governments towards "Shakoxhanian" prices that increasingly impoverish the middle class and the poor, to the point that they leave the country.
6. But, despite the hypnotism of artificial intelligence
6.1 Every country that loses its population
6.2 That is impoverished in its human and social capital
6.3 Will also become economically impoverished
6.4 Because it will lack not only the workforce but also the people of the knowledge economy.
7.1 In those shows, "Shakohoxhët" seek to sell villas and towers
7.2 While we, including two journalists and our colleague Muço, are concerned that
7.3 Albania is becoming more expensive and
7.4 Most Albanians are also poorer due to speculative increases in house prices.
8. The German model supports our arguments; the state cannot abandon its inhabitants in the face of greed and insatiability.
9. This decision by the German government is the essence of the social market economy model in the face of wild capitalism.
10. The model that his colleague Shakohoxha and his supporters so passionately defended on television shows gives himself the right to declare himself as the great-grandson of Adam Smith or the biological son of Milton Friedman.
11. I like to have some kind of family connection to Keynes and a maternal cousin to Nobel laureate Paul Krugman.
11.1 Who, at the height of the 2008 financial crisis, appealed that in times of crisis we are all Keynesians.
12. So, the free market has its failures, sometimes very serious.
13. When financial markets fail and produce thousands of human casualties, government intervention is not an option but an obligation.
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