> She dismissed concerns that such a move could choke off the supply of new homes
Well that’s been happening for well over a decade so I don’t think that’ll be a problem
Emotional_Scale_8074 on
Didn’t they abandon this in Berlin? I’d rather have a land banking tax.
HorseFacedDipShit on
I dont see any issue with trying something like this as all the arguments against rent control are already happening.
Rent stock is already massively depleted and there is already a huge shortage of housing. The quality of the stock available is already shit. We already aren’t building enough.
I guess you could make the arguement that it could get even more shit, but it’s going to get even more shit anyway. I dont see the harm in at least trying it
randomdiyeruk on
Has rent control been proven to work anywhere? Genuinely? I thought it was pretty widely known to be a bad idea that causes more problems than it solves.
You can’t fight supply and demand with legislation
4 Comments
> She dismissed concerns that such a move could choke off the supply of new homes
Well that’s been happening for well over a decade so I don’t think that’ll be a problem
Didn’t they abandon this in Berlin? I’d rather have a land banking tax.
I dont see any issue with trying something like this as all the arguments against rent control are already happening.
Rent stock is already massively depleted and there is already a huge shortage of housing. The quality of the stock available is already shit. We already aren’t building enough.
I guess you could make the arguement that it could get even more shit, but it’s going to get even more shit anyway. I dont see the harm in at least trying it
Has rent control been proven to work anywhere? Genuinely? I thought it was pretty widely known to be a bad idea that causes more problems than it solves.
You can’t fight supply and demand with legislation