return2ozma@lemmy.world to News@lemmy.world · 5 months agoL.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sellwww.latimes.comexternal-linkmessage-square313fedilinkarrow-up10arrow-down10file-text
arrow-up10arrow-down1external-linkL.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sellwww.latimes.comreturn2ozma@lemmy.world to News@lemmy.world · 5 months agomessage-square313fedilinkfile-text
minus-squareCableMonster@lemmy.mllinkfedilinkarrow-up0·5 months agoWho would have built it for them and how would they have been paid?
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up0·5 months agoI think they’re referring to already-existing communities.
minus-squareCableMonster@lemmy.mllinkfedilinkarrow-up0·5 months agoIt still the same problem, where would they get the resources to get ownership of that real estate?
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up0·5 months agoDepending on how exactly we’re “getting rid of renting”, I don’t think they would be purchasing the building at today’s prices. The landlord is SoL… at best. ;-)
Who would own the housing?
The people living in it?
Who would have built it for them and how would they have been paid?
I think they’re referring to already-existing communities.
It still the same problem, where would they get the resources to get ownership of that real estate?
Depending on how exactly we’re “getting rid of renting”, I don’t think they would be purchasing the building at today’s prices. The landlord is SoL… at best. ;-)