4 ms·
What would you ban?
by MrKristopher 5y ago
What would you ban?
- rozap 5y agoNo ban, just huge property taxes for non-primary residences.
- deleted 5y ago[deleted]
- nkozyra 5y agoDoesn't this just trickle down to the renter, who has few alternative housing options?
- donkeyd 5y agoThis guy gets it.
- caterama 5y agoCosts trickle-down... Profits don't.
- nkozyra 5y ago> Costs trickle-down... Profits don't. Well, we're talking about costs. That's why I asked.
- thow-01187 5y agoNo. Landlords do not "produce" rooms by taking raw materials and transforming them into goods. In the current market, the rent is determined by how much the marginal renter is able to pay. Increasing the cost to the landlord doesn't magically increase the renter's ability to pay
- candiodari 5y agoThat's true. It will reduce housing supply and drive costs up, but it will take a while to happen.
- djrogers 5y agoSince institutional owners like this make up a tiny percentage of ownership, your solution would have a huge impact on small landlords, which would be passed along to the tenants. Basically you're asking renters to pay for this behavior...
- mistermann 5y ago"A" government[1] could telegraph that major (as major as is necessary) policy changes are coming that will affect SFH investors in a detrimental way, and that it would be in their best interests to prepare accordingly. If this does not happen, I suspect Mother Nature will eventually intervene, and that usually doesn't go well for anyone. [1] I do not presume that any arbitrary Western government is actually capable of this in the real world as it relies on many prerequisites, some of them policy, some of them psychological/ethical.
- tehjoker 5y agoJust ban increasing rents. Make the financial oligarchs and the landed classes pay for a habitable country.
- throw123123123 5y agoI don't get this thinking. What is the difference between one landlord with 2 properties or 2 landlords each with one property? Why is the latter better than the former?
- camdat 5y agoWhere would these two landlords be living? Both would be exactly the same if the landlord doesn't rent.
- throw123123123 5y agoDoes it matter? If you want to achieve maximum dwellings for renting, changing the distribution of units / owners doesn't seem like a practical way to go about it. You would want to make more units, as many as possible.