Re:California will pay off all past due rent
by bassman9000 on Wednesday June 23, 2021 @05:03AM
(#27602377)
you're counting on the economy
Arbitrary regulation is not the economy.
If CA decides tomorrow to pass a bill that mandates all tech workers to have proper accreditation, including a bar exam, and to fine to oblivion companies that don't comply, is that the economy?
Re:California will pay off all past due rent
by brailsafe on Wednesday June 23, 2021 @06:42AM
(#27602948)
A more likely hypothetical scenario would be regulation on the term "engineer" at some point in the future, because there aren't any extenuating circumstances that would demand that happen at this moment, but I don't really see what your driving at anyway.
Re:California will pay off all past due rent
by bassman9000 on Saturday June 26, 2021 @04:07PM
(#27645348)
That the whims of a few, or even a single bureaucrat, are not normal business risk. Read Sowell's Basic Economics on how arbitrary regulations distort the market.
Re:California will pay off all past due rent
by disgruntledphd2 on Wednesday June 23, 2021 @06:16AM
(#27602794)
In California, under those circumstances, yes it is.
I say "if not someone actively worsening the system" because if you're buying property with the exclusive intention to rent it, there's a decent chance you're just taking available property off the market and contributing to ever-increasing prices, even though the value of the property is kind of just fake number, which increases the need to rent (and be dependent on you) in the first place.