5 ms·

> Let's just not even talk about the fact that regulation is the reason why housing is scarce, let's just assume California is 100% at capacity. AKA ignore the

> Let's just not even talk about the fact that regulation is the reason why housing is scarce, let's just assume California is 100% at capacity. AKA ignore the entire foundation of the previous poster's point? Edit: upon re-reading your comment I think maybe you don't know what the phrase 'Turnabout is fair play.' means. https://en.wiktionary.org/wiki/turnabout_is_fair_play https://en.wiktionary.org/wiki/turnabout_is_fair_play

dgzl 7y ago
Thanks for that, I didn't know this term. However I disagree with the idea that two wrongs make a right. Forcing the suffering around like that just creates more problems than it's worth.
- jackvalentine 7y ago
  In this case two wrongs may not make a right, but at least it shares some pain with the rent-seeking property owning class and may in time cause them to accept change. It's a bit fatalistic but if we're going down anyway, we're going down together!
  - dgzl 7y ago
    I hate that mentality. It achieves nothing good in the long run.
  - sgc 7y ago
    If they are making less money, they certainly won't allow more construction to deflate prices even further. Rent is already below mortgage in California, so I am not sure what kind of deal people are looking for. As others have said here in various ways, it seems more like lashing out at someone because it sucks life is so expensive where you live rather than dealing with the root causes.
    - jackvalentine 7y ago
      How would you deal with the root causes?
      - AnthonyMouse 7y ago
        Impose relaxed zoning rules at the state level instead of imposing rent control there.
        jackvalentine 7y ago
        I would completely agree with that, but for some reason it isn't as politically do-able as this rent control legislation was.
        AnthonyMouse 7y ago
        > I would completely agree with that, but for some reason it isn't as politically do-able as this rent control legislation was. The reason is that landlords know exactly what rent control does. Landlords know that the tenants with the strongest interest in local housing costs are the people who already live there and plan to continue to do so indefinitely. Rent control is a method of buying them off without actually solving the problem in general, so that overall rents and housing costs remain high but the subset of people most likely to be politically active in doing something to correct that gets a bribe to stop objecting while overall housing costs continue to rise faster than inflation. What it is, then, is not a step on the road to a real solution, it's a roadblock preventing that from happening by weakening opposition to the status quo by just enough that no actually effective reforms can be enacted.
        jackvalentine 7y ago
        So how would you solve the root cause?
        AnthonyMouse 7y ago

dgzl 7y ago

Thanks for that, I didn't know this term. However I disagree with the idea that two wrongs make a right. Forcing the suffering around like that just creates more problems than it's worth.

jackvalentine 7y ago
In this case two wrongs may not make a right, but at least it shares some pain with the rent-seeking property owning class and may in time cause them to accept change. It's a bit fatalistic but if we're going down anyway, we're going down together!
- dgzl 7y ago
  I hate that mentality. It achieves nothing good in the long run.
- sgc 7y ago
  If they are making less money, they certainly won't allow more construction to deflate prices even further. Rent is already below mortgage in California, so I am not sure what kind of deal people are looking for. As others have said here in various ways, it seems more like lashing out at someone because it sucks life is so expensive where you live rather than dealing with the root causes.
  - jackvalentine 7y ago
    How would you deal with the root causes?
    - AnthonyMouse 7y ago
      Impose relaxed zoning rules at the state level instead of imposing rent control there.
      - jackvalentine 7y ago
        I would completely agree with that, but for some reason it isn't as politically do-able as this rent control legislation was.
        AnthonyMouse 7y ago
        > I would completely agree with that, but for some reason it isn't as politically do-able as this rent control legislation was. The reason is that landlords know exactly what rent control does. Landlords know that the tenants with the strongest interest in local housing costs are the people who already live there and plan to continue to do so indefinitely. Rent control is a method of buying them off without actually solving the problem in general, so that overall rents and housing costs remain high but the subset of people most likely to be politically active in doing something to correct that gets a bribe to stop objecting while overall housing costs continue to rise faster than inflation. What it is, then, is not a step on the road to a real solution, it's a roadblock preventing that from happening by weakening opposition to the status quo by just enough that no actually effective reforms can be enacted.
        jackvalentine 7y ago
        So how would you solve the root cause?
        AnthonyMouse 7y ago