4 ms·
The idea that the local community has the right to decide who lives there and what rent prices should be is simply wrong. And I don't mean wrong in the sense o
by mc-lovin 13y ago
The idea that the local community has the right to decide who lives there and what rent prices should be is simply wrong. And I don't mean wrong in the sense of natural rights, I mean that a democratic decision on these matters has already been made at a higher level. If people want more rights to decide what happens in their community their only option is to buy private land and start a commune.
I'm not a libertarian. I believe that I have a duty to pay taxes, and I even think tax rates (for me at least) are fair, and I have no problem with redistribution. But I also have rights, for example to live where I like so long as I can pay the rent and can find someone to rent to me. My impact on other people through rent prices is not an externality and does not need to be controlled by the government. A free country is a country where you can engage in private transactions as you please, not a country where everything is done with permission of the community.
Also, a lot of the animosity is fueled by something other than pure economics. If you read these kinds of articles, the complaints tend to morph from "rents are rising" to "they aren't part of the community" to "they are socially awkward white kids". The idea that political action should be taken against a group because other people find them unattractive or dislikable is sickening to me.
- srdev 13y agoI honestly find a lot of the arguments irksome particularly because many are predicated on the idea that techies can "afford to live somewhere else." Its a bit ridiculous to insinuate that its our moral duty to spend extra money from our paychecks (that we'd rather be saving) to live somewhere we don't want to so that other people can avoid change.
- mc-lovin 13y agoThis is what happens when understanding of basic economics and free markets is equated with libertarianism in most people's eyes. Without an understanding of economics, people morally equate private transactions that raise the rent in an area (which causes no externalities) with polluting someone's water supply or running down bicyclists with your giant corporate buses (which are externalities).