Re:Public-ownership rental as a third option to renting or o...
by JamesBarney on Sunday April 18, 2021 @11:59PM
(#26858996)
I think it's closer to a
1) You take a bunch of public funds and buy houses.
2) You rent those houses out at market rents
3) You pay off all expenses with the rent
4) You take what's left over (the profit) and use that to increase the renters ownership share, and pay a dividend to other people who have the ownership share
It's just a super weird inefficient way to give renters money. Instead you should just give them money...
1) You take a bunch of public funds and buy houses.
2) You rent those houses out at market rents
3) You pay off all expenses with the rent
4) You take what's left over (the profit) and use that to increase the renters ownership share, and pay a dividend to other people who have the ownership share
It's just a super weird inefficient way to give renters money. Instead you should just give them money...