Re:Zillow has listed 93% of the hundreds of Phoenix homes it...
by Marsymars on Sunday October 31, 2021 @10:03PM
(#29062385)
> If you force people to receive $500 in equity for every moment they rent, then rents will go up by $500 / month.
There are options other than forcing people to receive equity. e.g. A public-ownership rental option: https://www.theatlantic.com/ideas/archive/2021/03/why-its-be...
You don't understand that making operating rentals harder and more expensive will cause rents to go up. So yes, there is a very large group of people who don't understand supply and demand and you are part of that group.
> Hell, I'd like to hear a great debate on the ethics of renting-without-equity, period.
If you force people to receive $500 in equity for every moment they rent, then rents will go up by $500 / month. This is bad for the people who cannot afford to pay that $500, or for people who would rather invest that $500 in the stock market or whatever. If you wave the regulatory wand and demand that X must happen, then what you are really demanding is that everyone must pay for X, whether or not they want to. Not that everybody will magically get X for free.