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Rent control and subsidized housing protects a few at the expense of the rest.
by mathattack 6y ago
Rent control and subsidized housing protects a few at the expense of the rest.
- FounderBurr 6y agoTell me more about this anarchist paradise you hint at.
- hntrader 6y agoFor starters, how about allowing property developers to increase the housing stock so that rents go way down?
- swiley 6y agoI live on the east coast near DC. There's no rent control here. Instead there's very aggressive construction and housing is very cheap. I'm able to live in a fairly large luxury apartment on a junior engineer salary and there are plenty of much cheaper options.
- imtringued 6y agoSubsidized housing is ok because it lets the government suffer from its own incompentence. However, it's an ineffective/self sabotaging way of providing housing. Rent control is literally about politicians absolving themselves of accountability. They "make" housing "cheap" again without direct consequences to the budget. The angry mob is gone, the money problem is gone and the social problems are now allowed to pile up over time until you have a dysfunctional community. It's like sticking your head into the sand. Oh and please don't comment on how you can stick your head into the sand while simultaneously solving the actual problem as if sticking your head into the sand is a valid strategy.
- DC1350 6y agoDo low income families rent houses in the suburban parts of the bay? I’m curious if these people are actually poor or if it’s a situation where a lot of them are accidental real estate millionaires who just don’t want to move away