If this caps rent even if the tenant changes it’d be something. I don’t see how this passes an R house or gets through the “moderate” Dems in the senate.
It’s not a cap on rent it’s a cap on raising it. Not much different than setting interest rates imo. I don’t know enough law about it but at least it’s an attempt? There’s a lot of talk here about how it doesn’t solve the underlying problem but I don’t see people providing another solution.
I’d like to see property taxes increased with more single family homes owned. Let businesses keep the apartments let homes become a place to live and not an investment though.
I’m talking about increased taxes for each additional home so that owning more than 2 or 3 homes becomes financially unviable. This causes an incentive to sell if you own a lot and prevents someone wanting to own a lot in the first place.
It’s certainly an essential piece of the puzzle, but without the other puzzle pieces it is only going to have a minimal effect and is easy to abuse. Better than nothing nothing though, it won’t be a wasted effort if it passes, it just won’t fix anything or curb rent prices on the whole. But it will help people out here and there.
If this caps rent even if the tenant changes it’d be something. I don’t see how this passes an R house or gets through the “moderate” Dems in the senate.
I don’t see how a national rent cap survives even the most liberal courts either.
It’s not a cap on rent it’s a cap on raising it. Not much different than setting interest rates imo. I don’t know enough law about it but at least it’s an attempt? There’s a lot of talk here about how it doesn’t solve the underlying problem but I don’t see people providing another solution.
I’d like to see property taxes increased with more single family homes owned. Let businesses keep the apartments let homes become a place to live and not an investment though.
The problem is rent isn’t interstate commerce. There isn’t a way to justify that there is a national mandate for this, it’s a matter left to states.
As for property taxes, many states already do this with exemptions for a primary residence that reduces taxes.
I’m talking about increased taxes for each additional home so that owning more than 2 or 3 homes becomes financially unviable. This causes an incentive to sell if you own a lot and prevents someone wanting to own a lot in the first place.
It’s certainly an essential piece of the puzzle, but without the other puzzle pieces it is only going to have a minimal effect and is easy to abuse. Better than nothing nothing though, it won’t be a wasted effort if it passes, it just won’t fix anything or curb rent prices on the whole. But it will help people out here and there.