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Old 10-14-2015, 09:47 PM
 
155 posts, read 101,468 times
Reputation: 69

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Before I explain my idea, I want to say that I am a democratic socialist who supports Bernie Sanders' campaign.

Right now, there are certain apartments within communities that are rent-controlled. But rent-controlled apartments only comprise a small percent of the total rental housing market in any given city.

Why not extend rent control to encompass the entire rental market? It would mean that the rich landlords have to make do with less and the average American would have more money to spend on other goods and services, which would spread money around the economy, and allow increased savings, which leads to more investment. What are the downsides of a rent-control policy that is all-inclusive?
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Old 10-14-2015, 09:50 PM
 
Location: SF Bay & Diamond Head
1,776 posts, read 1,872,554 times
Reputation: 1981
Why not just give everybody a free house? Why not cap billionaires net worth to maybe two billion? Let's mandate no restaurant entrée cost no more than 10 bucks?
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Old 10-14-2015, 10:01 PM
 
155 posts, read 101,468 times
Reputation: 69
Quote:
Originally Posted by honobob View Post
Why not just give everybody a free house? Why not cap billionaires net worth to maybe two billion? Let's mandate no restaurant entrée cost no more than 10 bucks?
Because it costs money to build a house, and you can't give away something for free without someone having to pay for it. This means increased taxes. Imposing rent control on the entire rental market would not lead to an increase in taxes.

I support capping a billionaire's net worth to two billion...

People can choose to not eat at a restaurant and cook their own meals. Yes, people can choose to live on the streets, but that's something that doesn't befit a modern civilized society.
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Old 10-14-2015, 10:08 PM
 
Location: When you take flak it means you are on target
7,646 posts, read 9,951,921 times
Reputation: 16466
Yes, I agree take everything those rich, selfish, hardworking landlords have and give it to the worthless, thankless tenants. That's the new american way.
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Old 10-14-2015, 10:10 PM
 
Location: Del Rio, TN
39,869 posts, read 26,508,031 times
Reputation: 25771
Here's an idea about rent control.

1) Buy an apartment building

2) Charge whatever the hell you want for rent. Feel free to go under market value with your business.

3) Ignore what isn't yours
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Old 10-14-2015, 10:20 PM
 
155 posts, read 101,468 times
Reputation: 69
Quote:
Originally Posted by jamies View Post
Yes, I agree take everything those rich, selfish, hardworking landlords have and give it to the worthless, thankless tenants. That's the new american way.
What hard work do landlords do? They just hire people to do the minimum maintenance that the tenants often have to end up paying for in the end...
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Old 10-14-2015, 10:28 PM
 
Location: Jacksonville, FL
11,143 posts, read 10,711,121 times
Reputation: 9799
Quote:
Originally Posted by Y2Jayy View Post
Before I explain my idea, I want to say that I am a democratic socialist who supports Bernie Sanders' campaign.

Right now, there are certain apartments within communities that are rent-controlled. But rent-controlled apartments only comprise a small percent of the total rental housing market in any given city.

Why not extend rent control to encompass the entire rental market? It would mean that the rich landlords have to make do with less and the average American would have more money to spend on other goods and services, which would spread money around the economy, and allow increased savings, which leads to more investment. What are the downsides of a rent-control policy that is all-inclusive?
It's okay. You've taken the first step toward recovery by admitting your problem. Once you grow up and start paying taxes you'll get over it.
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Old 10-14-2015, 10:33 PM
 
155 posts, read 101,468 times
Reputation: 69
Quote:
Originally Posted by JimRom View Post
It's okay. You've taken the first step toward recovery by admitting your problem. Once you grow up and start paying taxes you'll get over it.
How does my idea have anything to do with taxes? It wouldn't affect them at all.
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Old 10-14-2015, 10:35 PM
 
Location: Central Ohio
10,834 posts, read 14,936,147 times
Reputation: 16587
Quote:
Originally Posted by honobob View Post
Why not just give everybody a free house? Why not cap billionaires net worth to maybe two billion? Let's mandate no restaurant entrée cost no more than 10 bucks?
Gasoline at $0.50 a gallon!

We all remember how well price controls worked in the 70's!
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Old 10-14-2015, 10:43 PM
 
10,181 posts, read 10,258,599 times
Reputation: 9252
Quote:
Originally Posted by Y2Jayy View Post
What hard work do landlords do? They just hire people to do the minimum maintenance that the tenants often have to end up paying for in the end...
Go buy a rental property and find out for yourself.

Not every LL is a silent investor or hires "useless" to do the minimum maintenance.

And by the way, if a renter didn't cause the issue, the renter doesn't have to pay a thing.

Because law and other stuff.
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