4 ms·
Is increasing the rental housing stock an intrinsically good thing if every unit of housing available for rent means one less unit of housing available for sale
by kibwen 3y ago
Is increasing the rental housing stock an intrinsically good thing if every unit of housing available for rent means one less unit of housing available for sale?
Here on HN we're all quick to lament the end of real ownership in the sense of media like books and music, at the mercy of an exploitative corporate practice that is not coincidentally called rent-seeking. So why should we all be happy to be literal rentiers to the landed gentry?
- tptacek 3y agoThere's no intrinsic reason people should own as opposed to rent. Some people want to own, some to rent. When it comes to single-family lots, the stock is profoundly tilted towards ownership, so the more extraordinary claim would be that shifting those lots slightly towards rentals is somehow bad.