4 ms·
My simple and possibly harsh viewpoint is that if you want to live somewhere forever, you better own the property you live on. I find measures to limit the amo
by hamandcheese 8y ago
My simple and possibly harsh viewpoint is that if you want to live somewhere forever, you better own the property you live on.
I find measures to limit the amount that property tax can increase on a property you own and occupy much easier to stomach than measures like rent control.
- Eric_WVGG 8y agoI'd counter, if you don’t want to play fair with rent control laws, don’t be in the landlord business.
- closeparen 8y agoSomeone going into the landlord business is a renter’s only hope of having a place to live.
- Eric_WVGG 8y agoI don’t understand this rejoinder. Are you suggesting that it’s impossible to be a responsible and law-abiding landlord? This city is full of landlords who got rich with the existing rent control system. It’s just preventing some of them from getting mega buck wild rich. So sad.
- closeparen 8y agoWhen you disincentivize something, you get less of it. Cities are also full of condo conversions and units left empty because their owners responded rationally to society’s cry of “if you don’t like it, don’t be a landlord.” Not all, obviously, but every unit suppresssed costs something, and those costs have to be weighed against the benefits of the regulation.