978
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 19 Jul 2025
978 points (98.8% liked)
People Twitter
7889 readers
1614 users here now
People tweeting stuff. We allow tweets from anyone.
RULES:
- Mark NSFW content.
- No doxxing people.
- Must be a pic of the tweet or similar. No direct links to the tweet.
- No bullying or international politcs
- Be excellent to each other.
- Provide an archived link to the tweet (or similar) being shown if it's a major figure or a politician.
founded 2 years ago
MODERATORS
So why not skip the rent control and go straight to this?
To give the current owners the chance to do the right thing, and make a small but reasonable gain from their property.
And to make it more palatable to the general public. It's a lot easier to convince people to go along with it if you're seizing empty unused properties that are only empty and unused because the owner refuses to rent them if they're not making excessive profit.
Fair market value is much, much lower 9n rent controlled property
Yeah, a government deliberately lowering property values so they can buy them cheap isn't a great precedent.
Won't somebody think of Blackrock?
It's not great, It's fantastic. Let the scumbags who own property they don't use lose money!
thale same strategy will be used to build more freeways through low income neighborhoods