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Cities these days
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this post was submitted on 24 Sep 2024
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What's crazy to me is this is a well known problem yet the people that have the ability to legislate this have just 100% ignored it.
The presidential candidates in the US either completely ignore it (trump) or give a solution of building 3 million new homes (Harris). No one wants to actually start regulating the number of homes that an individual or company can own. It's an obvious solution to the problem yet, complete silence from the law makers.
In my state (Idaho) it's because a good number of the legislators are landlords.
They don't give a fuck that half their apartments are Airbnbs, they prefer it that way.
You're not alone
at least 93 Members of Parliament made money as landlords in England over the last year, as concern grows that the long-delayed Renters Reform Bill has been ‘watered down’
There’s quite a few landlord MPs in Canada as well