Re:Rent Control Creates Higher Rents in SF
by EpicEng on Monday March 16, 2015 @11:10PM
(#9216064)
Well, at the very least, you should send your landlord a freshly baked pie and a letter of gratitude each month with your rent check as thanks for paying some substantial portion of your rent.
[ Parent
| on HN ]
Well the landlord benefits from Prop 13 which is basically "rent control for property owners", so the landlord should really forward that pie and letter of gratitude to the California taxpayers who are subsidizing him.
Like most, my landlord's costs are largely fixed. So she should probably send me a pie for paying an unwavering percentage of her mortgage in exchange for zero equity.
But yeah, tell me more about how rent-seekers are getting a bad deal. We renters are such parasites, with our unreasonable need for stable living situations in exchange for the willingness to pay for other people's investments. We just take take take, don't we?