Especially when those 2nd, 3rd, + properties are being used as passive short term rentals. Observing the state of the housing situation “Hmm there aren’t enough homes for normal families to each have a chance, I should turn this extra property of mine into a vacation rental.” does this make said person a POS?
I like what Mike Lynch (famous leader of one of UKs biggest union) said during his Novara media interview… I’ll paraphrase from memory. “Back in the day, your retirement was secured with your job. You’d get a pension from your employer when you get to retirement age. Then Thatcher and Reagan happen… Now days, there’s no security, benefits or high salaries anymore. So people do whatever they need to do to secure their retirement. And if it’s buying another property, so be it.”
Quick edit: before anyone gets angry. Neither myself or him want this to continue. It’s shit and we should fight to bring back dignity to people’s careers. But until that’s sorted, I think it’s ethical to care for your own and your family’s survival.