|
|
|
|
|
by GreatLdisisp88
727 days ago
|
|
For rent control you need to imagine landlords like pest in nature. How you control pest? By introducing predator that prey on pest. Or you can control resources that let pest thrive. For Ametican landlords there are no true predator other than governments. And governments typically are slow while landlords can adapt faster. In this case government would be like sabretooth tiger or megalodon predators moving so slow unable to do much to catch preys. The 2nd thing is the resources. Landlords thrive because asymmetric information. Renters find hard to negotiate. Renters also become desperate when public transports become limited in a highly demand area with no alternatives. Once you start to see this problem predatory-prey relationship, landlords as pest can be put under control. I suggest you guys read up how Singapore government control landlords. They have very practical and innovative ways that span decades of planning into future. Even though land is incredibly limited and cost of living high, in terms of available and affordable rents to citizens and foreigners will put London, NY, Tokyo to shame. |
|