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Moving all the money into the hands of landlords means that the population has no money to spend on anything else. This is massively detrimental to society.
by Arainach 4y ago
Moving all the money into the hands of landlords means that the population has no money to spend on anything else. This is massively detrimental to society.
- parineum 4y agoGood thing nobody suggested that. Allowing landlords to actually build would drive prices down but overregulation and zoning laws have broken the supply end of the market.
- orwin 4y agoLandlords do not build. And often oppose new development that risk lowering the price of their investment.
- parineum 4y agoAnd how do they oppose development? Do they break the kneecaps of their potential new landlord rivals so they don't build new apartments and provide competition?
- imtringued 4y agoThey don't build because local homeowners vote for more restrictive zoning. Private corporations benefit anyway because their property values go up.