3 ms·
ideally each city would own a non profit company that rents out city apartments, both long and short term to people who move into the city for work. as long as
by iExploder 3y ago
ideally each city would own a non profit company that rents out city apartments, both long and short term to people who move into the city for work.
as long as you work in the city you can keep using the apartment and pay rent that would be used to renovate / maintain / build apartments.
once you are ready to retire or accumulated enough money you have the option to buy your own property outside of the city.
profit based property renting as a form of income in heavily populated areas should not be allowed, or at least it should be regulated.
B&B / hotels are allowed.
- badpun 3y ago> profit based property renting as a form of income in heavily populated areas should not be allowed, or at least it should be regulated. Your scheme also generates profit, but there's only one monopolistic landlord - the city.
- iExploder 3y agowhat I mean is it does not generate profit for shareholders or the city, instead it has to reinvest it into the business in full, hence non profit.