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by anigbrowl
947 days ago
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divide the electorate by anything other than economic position Punishing landlords for colluding against tenants by forcing them to give back the money is pretty much the opposite of the status quo and about as focused on pure economics as you can get. |
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Returning some money to some tenants as a one-off and restricting some forms of landlord collusion is about as far as you can get from pure economics or structural reform. Both capital R reparations and reparations as a social justice hobby horse are ultimately intended to preserve and legitimize the existing system, even in their maximalist demands which tend to deflect and discredit more concrete advocacy.
Economics is a vast field with a long history and many possible futures so it's quite sad that the horizon for many people is "american neoliberalism with more regulation and redistribution" or "american neoliberalism with less regulation and redistribution."
I can think of at least three actual opposites of the status quo: one would be a georgist tax that makes holding land speculatively unprofitable, one would be a singapore style nationalization where the government purchases all of the apartment buildings at their tax-assessed rate but allows for a market in 99 year leases, and still a third would be ex post facto arbitrary expropriation without compensation in the style of many communist revolutions.
"Some landlords return .01% to 15% of their last 2-3 years of passive revenue increases and promise to raise rents more arbitrarily" is not a bad thing for those renters, but in terms of economic trends and policy it's quite literally using existing law to _return_ to the status quo.