[loco5niner]

> riff-raff (poor, less rich and homeless) are unable to buy/rent a place to live. The only way to solve this is to add costs to people who rent.

Or as an alternative, live somewhere where you can afford living. Downtown Portland is expensive and that's ok.

[aurizon]

My intention is to make rent seeking less attractive as an investment. Once residential units are bought it tends to become permanent, over time a higher and higher % of space is for rent. The other choice is to mandate equity via rent. Of some one buys a house and pays 10% down. Then rents it, the tenant pays the rent which pays the mortgage, but the tenant gets no equity. Grant equity as a % of mortgage paid during his tenure - if he moves the land lord owes him money. This will make people buy out right = more taxes etc.