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Not everybody has the luxury to own. Limiting long-term stability to the those with stable, well-paying jobs will only further marginalise and destabilise those
by niek_pas 7y ago
Not everybody has the luxury to own. Limiting long-term stability to the those with stable, well-paying jobs will only further marginalise and destabilise those who are already struggling. Rent control is one possible solution to this problem.
- robbiemitchell 7y agoI know that. Owning a home isn’t supposed to be a luxury. But in that part of the country, it is, and it doesn’t change the fact that rents are subject to change every time the term renews. Unfortunately, rent control fails consistently. It doesn’t change the fact that too many people need too few homes, not to mention the margin squeeze for property owners. The Bay Area needs way more home, especially multi-family units near transportation.