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If only we could all get free protection from economic forces we don't control. That kind of insurance is usually pretty expensive. Why should you get it for f
by ekelsen 4mo ago
If only we could all get free protection from economic forces we don't control.
That kind of insurance is usually pretty expensive. Why should you get it for free?
- majormajor 4mo ago> If only we could all get free protection from economic forces we don't control. > That kind of insurance is usually pretty expensive. Why should you get it for free? Protecting its constituents from the whims of out-of-town money seems like an excellent purpose for a local government. Especially if some of that money wants to move in so badly that it can be very profitably taxed! Why shouldn't local government try to serve its constituents like that?
- inigyou 4mo agoBecause I'm rich, and I want to live in SF dagnabbit, and how dare the (checks notes) existing residents of SF vote to block me from taking one of their apartments that I obviously deserve to live in more than they do because I'm rich?
- sp527 4mo agoBy that logic, we should let the Ohlone tribes underbid all existing residents. They too are just rich assholes who displaced those that were rightfully there before them.
- inigyou 4mo agoWhy shouldn't everyone get everything for free that can be provided for free? Forcing other people to pay a cost because you paid a cost is just sour grapes.
- jandrewrogers 4mo agoIt can’t be provide for free, that’s the point. Mitigating risks has costs that you are ignoring. Those costs aren’t cheap and someone has to pay for them.
- inigyou 4mo agoWhat's the cost? Is there some reason productive economic activity can happen only if rich people are allowed to steal SF?
- ekelsen 4mo agoExcept it's not free. It's free to you but not others.
- archagon 4mo agoOne, we vote for it, and there's far more renters out there than owners. Sorry. Two, there are many "free protections" that are taken for granted at our stage of civilizational development. Should fire departments be privatized? Police? I'd argue that housing security is even more important than those. We bear the costs together so that our lives are collectively better. Three, your entire framing is kind of bananas. Rent control is neither insurance nor expensive, but a cap on landlord profits. If anything, it's unbounded profiteering of basic necessities that's actually "expensive."
- lmm 4mo ago> there are many "free protections" that are taken for granted at our stage of civilizational development. Should fire departments be privatized? Police? I'd argue that housing security is even more important than those. We bear the costs together so that our lives are collectively better. But we don't. Everyone who works in the city is paying the costs, while the lucky few who moved in decades ago are the only ones who get the benefit. If everyone got to pay the same level of rent then I'd maybe support it, but there's nothing "collective" about the people who got here quicker protecting themselves while pulling the ladder up behind them. > Three, your entire framing is kind of bananas. Rent control is neither insurance nor expensive, but a cap on landlord profits. If anything, it's unbounded profiteering of basic necessities that's actually "expensive." It's got nothing to do with profit; if there are x homes and y>x people who want to live in them, either you give them to the x highest bidders, or you unfairly screw some people over. Rent control is one form of option B (there are others).
- archagon 4mo agoI moved to my city less than three years ago, not ten. I was not “lucky” to get my rent-controlled apartment: just had some foresight and was diligent in my search. My rent is high, but not as egregious as what the recent AI migrants are paying. (New upstairs neighbors are literally paying $2000/m more than we are for the same floor plan.) Thankfully, I have no fear of getting kicked out of my home due to a sudden rent spike, so I can focus on building a life. None of this seems egregious to me. Yes, existing residents are prioritized over new residents. This feels like an obvious tradeoff if you want to maintain community and QoL. The alternative is prioritizing the rich — landlords and wealthy renters alike. I do not want to live in a city where money has the final say.