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You can not simply charge "ever-increasing rent". You can only charge what people are willing to pay. More people are pouring into the city every day who are pr
by notanzaiiswear 5y ago
You can not simply charge "ever-increasing rent". You can only charge what people are willing to pay. More people are pouring into the city every day who are prepared to pay more. Simple as that.
Those companies owning 150K apartments are also shareholder companies, so "small people" and their pension plans will still be affected.
- dpatterbee 5y agoPeople have to live somewhere, if someone's forced to choose between picking up an extra job to afford rent or living on the streets, they're gunna choose the first. I'd argue this is a bad thing and people deserve places to live.
- notanzaiiswear 5y agoYes, they have to live somewhere. Not necessarily in central Berlin, or central San Francisco. There are plenty of places with cheap housing in Germany. Also just because people need something, doesn't imply they have to be given those things for free. That's not usually how it works.