Should the City of Atlanta enact rent control?

[fourthwarden]

Originally Posted by cqholt

Inclusionary zoning is a much better vehicle to ensure gentrification is equitiable.

Yes, yes it is.

[bu2]

Originally Posted by Thulsa

My first thought is that SoCal25 was being sarcastic and wanted to rep the post.
So, SoCal25, you're joking aren't you? Please let us know.

I was pretty sure he was being sarcastic.

[AcidSnake]

Originally Posted by bu2

That part isn't necessary. Its much more prevalent in the Atlanta area than many other places.

Context.

[Gulch]

Originally Posted by fourthwarden

Pretty much everything I've seen has said, rather conclusively, otherwise.

I'm all for trying to keep people where they are, and for increasing affordability, but we should be doing that by building density, and the infrastructure to both support and incentivize it.

Nailed it.

[bryantm3]

Accidentally repped the post above me when I was trying to hit 'reply'. Phones.

The only thing that's going to help is taking the (unfree) market and big government out of the equation and allow neighborhoods to merge their properties together in a communal land trust, and give them the power of self-determination over how they want their community to be run. Whether it's rent-free, local (individuals, non corporate) development only, or whatever.

Regardless it's clear that the current system is codified to give a hand up to the high-income global class and screw over everyone else. Anyone that says otherwise is either someone who benefits from having the upper hand, or has been successfully hoodwinked into believing that the system is equitable when it's not.

Even economists will tell you that a free market system is dependent on everyone having perfect information, and people having the ability to make rational choices. Under such a system, it is impossible to create long-term profits.

Profit in the current system therefore is dependent on manipulating others into making irrational choices, and lying or lying through omission. Long term profits are being made. Ergo, this is not a free market system.

[fourthwarden]

Originally Posted by bryantm3

Accidentally repped the post above me when I was trying to hit 'reply'. Phones.

The only thing that's going to help is taking the (unfree) market and big government out of the equation and allow neighborhoods to merge their properties together in a communal land trust, and give them the power of self-determination over how they want their community to be run. Whether it's rent-free, local (individuals, non corporate) development only, or whatever.

Regardless it's clear that the current system is codified to give a hand up to the high-income global class and screw over everyone else. Anyone that says otherwise is either someone who benefits from having the upper hand, or has been successfully hoodwinked into believing that the system is equitable when it's not.

Even economists will tell you that a free market system is dependent on everyone having perfect information, and people having the ability to make rational choices. Under such a system, it is impossible to create long-term profits.

Profit in the current system therefore is dependent on manipulating others into making irrational choices, and lying or lying through omission. Long term profits are being made. Ergo, this is not a free market system.

I don't share your optomism about hyper local control without oversight from the mid level governments. That's just how you get super NIMBYism.

[LTCM]

As much as I don't support rent control, I'm glad some places have tried it.

The beauty of the state/local government system we have is localities are free to experiment with tons of ideas. More federal control over policies gives us more consistency but it also means we don't know if what we are doing is optimal. Variety is what tells is what works.

[AcidSnake]

Originally Posted by bryantm3

Accidentally repped the post above me when I was trying to hit 'reply'. Phones.

The only thing that's going to help is taking the (unfree) market and big government out of the equation and allow neighborhoods to merge their properties together in a communal land trust, and give them the power of self-determination over how they want their community to be run. Whether it's rent-free, local (individuals, non corporate) development only, or whatever.

Regardless it's clear that the current system is codified to give a hand up to the high-income global class and screw over everyone else. Anyone that says otherwise is either someone who benefits from having the upper hand, or has been successfully hoodwinked into believing that the system is equitable when it's not.

Even economists will tell you that a free market system is dependent on everyone having perfect information, and people having the ability to make rational choices. Under such a system, it is impossible to create long-term profits.

Profit in the current system therefore is dependent on manipulating others into making irrational choices, and lying or lying through omission. Long term profits are being made. Ergo, this is not a free market system.

Great points.

And personally I think we are going see a major sea-change in this economic system in the next generation or so.

Trump's election and Brexit is the start. France may likely be next. The 4th industrial robot revolution is lurking immediately around the corner.

The European Union may likely be nonexistent within the next generation or so as well. This current economic model might be finished by 2050.

But anyways, maybe rent control might not be so efficient a solution...I will give some folks on here that much. But I don't see major developers wanting to make an effort to include more affordable housing in their format.

They have to be forced to do so. But for now, the power of corporations right now are preventing us regular people from truly making government work for us.

[roadtrip75]

We have the terrible situation in Atlanta that is basically the OPPOSITE of rent control. Apartment complexes charge more to tenants the longer they live there. They let new tenants live there for less than existing tenants. This forces renters to move every year or two, destroying the possibility of forming healthy communities.

I'm not sure what the legal remedy is. Maybe we need a law saying that all tenants at a complex have to pay the same rent per square foot.