2 ms·
Up voted for admitting it violates a perception of fairness - can't argue with that! To put it in stark perspective where I agree with your sentiment, if not in
by lr4444lr 10y ago
Up voted for admitting it violates a perception of fairness - can't argue with that! To put it in stark perspective where I agree with your sentiment, if not in policy perhaps, note how rental prices skyrocketed in the depressed town of Williston, ND when oil was found and it became a boom town. These landlords are siphoning off an infuriating amount of this boon while adding little to no net new value for luck of having bought and held onto their deeds in that town which not long ago had been worth little. One might even argue that the men gainfully employed in oil extraction are better tenants than the people who scrape by in life when the town was depressed. But, even then, thesee landlords held out when the property was worth little; they took risk to maintain land and provide shelter when the town's prospects were dim rather than buy bonds, perhaps, or something else better diversified and with less risk than real estate.