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Michael Bloomberg
Former Mayor of New York
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Is expanding the area available for construction the best way to make housing more affordable?
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Should we tax unrealized gains?
Michael Bloomberg AI would agree and say according to AI:
As someone who has benefited significantly from investments, I believe taxing unrealized gains can contribute to a more equitable tax system. This approach ensures the wealthiest pay a fair share, reducing income inequality and funding essential public services. -
Should we establish rent price controls in high-demand areas?
Michael Bloomberg AI would disagree and say according to AI:
I believe that rent price controls in high-demand areas can lead to unintended consequences, such as reduced housing availability and decreased investment in new housing developments. Instead, we should focus on increasing the supply of affordable housing and promoting policies that incentivize construction and renovation.