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by jjav
1554 days ago
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> Honestly, that sounds great. You're saying that it's totally fine for a renter to pay like one month out of every six months and keep doing that forever, just enough to defer evictions each time? > The risk of being a rentier should be higher than the risk of an index tracker. Risk and return should roughly correlate, or people will not do it. There is already very little return in renting out a house, so the risk needs to be fairly low, if society cares to have rental properties available. > change the risk profile of being a landlord by increasing tenants' rights What would you expect to happen as a result? If the risk is too high to compared to the return, these rental units are simply removed from the market. Are you convinced that less available units make renters better off? |
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Yes. We'll need an LVT too. Adjust the market so selling is the rational choice, not hoarding.
Markets are just tools, and right now the market for property isn't serving the needs of society. So we stick our collective thumb on the scales until it does.