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this post was submitted on 19 Jul 2025
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And what, leave the apartments empty? Have them earn zero money, rather than some money?
public ownership with rents based on the costs of maintaining the properties properly
That is actually a far better idea than rent control, yes.
As per my other replies, typically sell the property to an owner-occupier, which is a big problem if you can't afford to buy a property.
A run of market sales would drive down the price.
And if you can't afford to rent, then got being able to buy is not a significant difference.