I like the idea, but realistically those bastards would probably find some backdoor deal so they can both profit off of you.

Capitalism doesn't need to be fixed, it needs to be dismantled.

They wouldn’t fight the landlords because a lot of them are landlords.

They would simply lobby to have the law repealed or, more likely, vetoed before passing. Failing that, they would exploit every loophole and edge case to take advantage of it and cry to lawmakers and voters that the law is the problem rather than their circumvention of it.

There is no need to reinvent the wheel. Just implement good old rent control that limits the price per square meter/square foot.

There wouldn't even be a class warfare because bosses are landlords. We are seeing this now already, bosses are forcing people back into office because their real estate is losing in value. So they would fight the law just as they are doing with rent control.

And the second proposed system could even be heavily abused and create a worse situation for everyone. For example, landlords have 0 incentive offering bigger units anymore. So they mostly offer the legal minimum to fulfill all regulations. Bigger homes would become "benefits" offered by your job. But obviously if you lose your job, you will lose the housing provided.

What about differently sized apartments with different amenities? Sounds like this would force standardization and a race to the bottom on minimal amenities.

In addition to the many other downsides listed here, renting anything other than a pokey, one bedroom apartment would become impossible.

I think an interesting side effect would be the massive reduction of houses being bought as rental properties. If you had no real way to cover a mortgage or even some of the absurd property taxes with the rent you could get, your wouldn't invest unless you really believe in the area or are buying to fix and sell.

It would basically tank the housing market and put everyone who owns a house with a mortgage under water. Would suck for me, and I'm not a landlord.

I like the ideas that discouraging wealthy people from buying houses that they exclusively use for renting.

A milder version of this is what there is in Switzerland. In Switzerland a person cannot rent an house/apartment that costs more than 1/3 of what they earn.

While clearly there are more and less expensive areas, it kills the race to unreasonable prices (like, let's say, NY or London or... everywhere) and allows essentially everyone to have an house (and who cannot still afford there are social helps but that is for another post)

i bet they already fought legislature to make it so expensive.

Or just undo the laws that tied them... since the bosses and the land lords are one and the same.

See I thought of this from the other direction

The minimum wage shall be the lowest hundredth dollar in a month which is still greater than three times the state's median rent for a single bedroom apartment.

That'll actually stoke class division between landlords and bosses since driving up rent will bump wages just as much.

Why did you have to share through Reddit though, just to post a Reddit screenshot image?

this sounds nice hut big companies would create a refugee camp like buildings in town and rent them for dirt cheap and give you unlivable wages if they want

Companies would start to buy houses that they can rent for cheap, but never fix anything in that house. I confidently believe that this idea would worsen the situation.

Supportable idea. It's just that the people don't have the capability of that change

Hmm. I like the concept but think there are practical issues: Suddenly everyone who owns apartments or other rental property in a major city immediately sells it (even if just to be demolished) and kicks out the current renters. Mass homelessness affecting disproportionately those worst off. Perhaps the cost of Buying a home would drop due to all that property for sale - especially if the apartments can be sold as condos, but I'm not sure if it would compensate enough, and would be a huge mess for some time.

Back in the 1800s, the employer WAS the house lord as well. This meant not only the home was affordable for factory workers, the quality was good enough, so workers would show up at work well rested enough.

Why enable capitalism at all?

That's a good recipe for local companies now also owning your house. You get fired, you lose your appartment

This assumes you get paid by a US company. Silly system