Re:Companies Shouldn’t Be Accountable Only to Shareholders
by ummonk on Thursday August 16, 2018 @01:33AM
(#17772170)
Yeah, I'm never been a fan of rent control (and voted against San Mateo Measure Q), particularly its effects on market rates for newcomers.
However, recently I've been starting to realize that the market is already distorted by Prop 13, so perhaps rent control might simply even the playing field between renters and owners.
In my ideal world, Prop 13 wouldn't be a thing, and homeowners would be advocating for heavy housing development around them to keep property values low (and hence keep their tax bill from going up).
However, recently I've been starting to realize that the market is already distorted by Prop 13, so perhaps rent control might simply even the playing field between renters and owners.
In my ideal world, Prop 13 wouldn't be a thing, and homeowners would be advocating for heavy housing development around them to keep property values low (and hence keep their tax bill from going up).