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by lmm 5 hours ago
> there are many "free protections" that are taken for granted at our stage of civilizational development. Should fire departments be privatized? Police? I'd argue that housing security is even more important than those. We bear the costs together so that our lives are collectively better.

But we don't. Everyone who works in the city is paying the costs, while the lucky few who moved in decades ago are the only ones who get the benefit. If everyone got to pay the same level of rent then I'd maybe support it, but there's nothing "collective" about the people who got here quicker protecting themselves while pulling the ladder up behind them.

> Three, your entire framing is kind of bananas. Rent control is neither insurance nor expensive, but a cap on landlord profits. If anything, it's unbounded profiteering of basic necessities that's actually "expensive."

It's got nothing to do with profit; if there are x homes and y>x people who want to live in them, either you give them to the x highest bidders, or you unfairly screw some people over. Rent control is one form of option B (there are others).

2 comments

> If everyone got to pay the same level of rent then I'd maybe support it, but there's nothing "collective" about the people who got here quicker protecting themselves while pulling the ladder up behind them.

I'm very sympathetic to this sort of framing, but I don't think that's happening here. Or if it is, then pulling up the ladder is a pretty reasonable, rational thing to do when you're protecting against other people climbing that ladder and throwing you back down to the ground.

I moved to my city less than three years ago, not ten. I was not “lucky” to get my rent-controlled apartment: just had some foresight and was diligent in my search. My rent is high, but not as egregious as what the recent AI migrants are paying. (New upstairs neighbors are literally paying $2000/m more than we are for the same floor plan.) Thankfully, I have no fear of getting kicked out of my home due to a sudden rent spike, so I can focus on building a life.

None of this seems egregious to me. Yes, existing residents are prioritized over new residents. This feels like an obvious tradeoff if you want to maintain community and QoL. The alternative is prioritizing the rich — landlords and wealthy renters alike. I do not want to live in a city where money has the final say.