4 ms·
Yes rent control also unfairly discriminates on basis of how long one lived in a place. But rent control doesn't rob the state of revenue---You could argue it l
by Ericson2314 7y ago
Yes rent control also unfairly discriminates on basis of how long one lived in a place. But rent control doesn't rob the state of revenue---You could argue it lowers it indirectly by reducing the value of landlords' properties, but it also cuts costs by allowing government employees to live closer to where their work. And it also doesn't point to low density (especially if rent control is transferable if a landlord wants to evict everyone and build a higher-density apartment).
In short prop 13 causes a triple whammy of sprawl, poor social services, and unfair taxes, whereas rent control merely causes unfair rents.
LVT and prevalent and intermingled[1] public housing is far better, but sadly we're very far from being able to do those.
[1]: To avoid low-effort prejudice and anesthetization, along with actual class-based neighbor isolation. Making the "zip code -> P(isPublic)" function as incompressible as possible is key.
- ac29 7y ago> But rent control doesn't rob the state of revenue Sure it does, rental income is taxed like any other income (less allowed expenses).
- Ericson2314 7y agoI mentioned how it also cuts costs, so the revenue loss is compensated.