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Then the problem is rent control, and the solution is not to tax empty homes.
by conanbatt 8y ago
Then the problem is rent control, and the solution is not to tax empty homes.
- ramshorns 8y agoRent control is the solution to a different problem. Without it, landlords have the power to make people homeless.
- conanbatt 8y agoDidn't know rent-control people harbored the homeless.
- em500 8y agoIt can also happen without rent control but due to other pro-tenant laws. For instance, in some countries landlords cannot terminate the rental contract unless the tenant is in serious arrears. This depresses the market value of a rented house, as the buyer can't live in in his newly purchased house if it's already rented out.