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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.
Either that or companies like Walmart would buy a 6 unit building in any town they had a store then rent them for like 250 bucks a month so they had to pay like 4 bucks an hour.
I can taste the black mold and dangerous living conditions already!
Was also thinking about how they could bring the average down by offering near uninhabitable rooms for $10/month. Rooms need to be 2 m² and have a communal bathroom on each floor, of course.
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They would simply lobby to have the law repealed or, more likely, vetoed before passing.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.
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.
Oh noes! We’re so worried for the lords of land and property owners. If you have owned your property for more than 3 years please step out of the conversation.
