@woozle regulating rents is inherently tied to new...

regulating rents is inherently tied to new housing, because there aren't enough units. The problem of only luxury apts being built wouldn't be solved because the housing regs make it unprofitable to build anything else & capitalism rules the day (ugh).

regarding EXISTING stuff, a capped rent will result in lower quality maintenance, lower quality replacement parts, and less of both.

2/?

Like 16 April at 15:10 | Wall-to-wall | Open on connectified.com

4 comments

masukomi

@woozle in NYC we've seen landlords simply refuse to rent apartments that are rent controlled and take it as a tax loss (oversimplified). There are some immoral but very logical financial reasons they do this.

Tiny Apts WOULD be a great option, but that brings us back to housing codes. Ex. NYC requires every bedroom to have a window so that you can escape in a fire. This prevents empty office buildings from being converted because every floor's center ends up filled with empty space

3/?

16 April at 15:13 | Open on connectified.com

masukomi

@woozle Honestly there are a TON of really great ideas for fixing housing and making it affordable, & lots of proof that many will work from other countries.

BUT they require a complete overhaul of housing regulations (incredibly hard) AND legislators who actually care about making life better for people instead of lining their pockets and gaining power (incredibly rare).

:( It's a 💩 situation.

16 April at 15:15 | Open on connectified.com

Woozle Hypertwin

@masukomi It's true, this would be a bandaid solution, and the rentiers are overequipped with bandaid-removal tools.

It's going to take a revolution in government, ultimately. Housing shouldn't even be a market. Basic needs of any kind shouldn't be a market.

16 April at 15:17 | Open on toot.cat

masukomi

@woozle Hard Agree.

I'm not actually against there being _A_ market for housing, but i think it should be _A_ market for folks that can, and want to spend more, AFTER we've made sure everyone has a safe roof over their heads that won't be taken away because they dare to be "too poor" or get injured or sick or whatever.

I think the US is rapidly going to swap to full on fascism, but after that we can hopefully overthrow that + the BS we're currently simmering in. If we survive. ;)

16 April at 15:23 | Open on connectified.com