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When is renters having more political power than landlords a bad thing?
by kaesar14 5y ago
When is renters having more political power than landlords a bad thing?
- rblatz 5y agoWhen you are a landlord for instance.
- selectodude 5y agoSounds like owning huge amounts of property concentrated in a single area gives you some counterparty risk you should consider.
- kaesar14 5y agoAnd that the financial power this gives you as a class needs to be countered by political power in your opposition.
- criley2 5y agoWho said it's a good OR bad thing? This is a discussion of who has the power, not the ethics of the power. Having said that, I think the current balance in some places can be harmful because there is a non-insignificant number of tenants who stopped paying rent simply because the eviction moratorium means they can enjoy the property for free. When questioned they say "investments have risks ". This leads a number of landlords to jack up credit requirements or let properties stay empty, exacerbating supply problems.
- xanaxagoras 5y agoWhen the renters are a collection of screeching children who want to defund the police.