2 ms·
That was a very long but very good article. I still don't get protests over evictions or for rent control. They are literally forcing the landlord to subsidize
by Houshalter 13y ago
That was a very long but very good article.
I still don't get protests over evictions or for rent control. They are literally forcing the landlord to subsidize their cost of living. But why make only landlords pay for the subsidy? Why not tax everyone? I'm ok with income redistribution, but not when it is done so inefficiently and at the expense of a specific group.
- lilsunnybee 13y agoBecause the landlords did their building in 1970 or earlier when building costs were cheaper, or bought the property rent-controls considered. The article also points out the drastic cut to property taxes a while back, from which savings generally didn't get passed on to tenants.