Hacker News new | ask | show | jobs
by icebraining 2474 days ago
No, just leaving them vacant while the value increases.
2 comments
tibbon 2474 days ago
Cool- next up, a tax on vacant properties. Maybe they will have to sell.

Perhaps the people can again seize the means of production (part of that being stable housing).

I’d far rather know another 100,000 units are owned by the people that live in them than 100 landlords owning and profiteering from those units.

If this “disrupts” the entire rental industry, that’s fine with me. Didn’t bring much value anyway

link
rayiner 2474 days ago
That’s worked great everywhere it’s been tried!
link
icebraining 2474 days ago
> I’d far rather know another 100,000 units are owned by the people that live in them than 100 landlords owning and profiteering from those units.

I'd rather have that too! But it's not the result of these patchwork rules. Fix it properly instead.

link
bakuninsbart 2474 days ago
SF Metro vacancy rate is below the national average for large metro areas.[0]

[0] https://www.sfchronicle.com/realestate/article/An-estimated-...

link
icebraining 2474 days ago
And if those markets were the same except for the rent control rules, we could conclude that rent control doesn't increase the vacancy rate. But they aren't.
link