The housing crisis will never end without levying forceful taxes against real estate speculators and investors. A recent report outlines the necessary actions to impose taxes that can actually narrow the wealth gap and alleviate the housing emergency.
The rich would try to skirt this with numbered or shell companies, or family or other relations.
The rich would pass this onto tenants.
Now, the solution is to a) couple this with rent control, b) exempt purpose-built rentals from this endeavour, and c) punish serial transgressions with confiscation.
Frankly, I think the idea of punishing malfeasance by landlords with confiscation to be just awesome: if you’re a predatory slumlord, we take the house and repurpose it as RGI public housing. Do I worry about the government becoming predatory? Yes, yes I do, but in this case it’s a lesser-of-two-evils thin.
Housing cooperatives are non-profit corporations that own property so that they can provide residential services to the members and owners of that corporation.
You know, I’m actually not 100% sure what the difference between a condominium and a cooperative is, but condos are also corporations.
There are already strong cases to be made that corporations aren’t people, especially if you look into how flimsy that argument was in the first place, but I take your point.
Slumlords and overpriced rentals can be storage issues though. It can be a nice place, but if you’re paying $2k+/mo for a 1b1b that’s way too fucking much even if it’s in good condition
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I think the concern is that:
Now, the solution is to a) couple this with rent control, b) exempt purpose-built rentals from this endeavour, and c) punish serial transgressions with confiscation.
Frankly, I think the idea of punishing malfeasance by landlords with confiscation to be just awesome: if you’re a predatory slumlord, we take the house and repurpose it as RGI public housing. Do I worry about the government becoming predatory? Yes, yes I do, but in this case it’s a lesser-of-two-evils thin.
Corporations shouldn’t be allowed to own residential property in the first place. Make it illegal.
Housing cooperatives are non-profit corporations that own property so that they can provide residential services to the members and owners of that corporation.
You know, I’m actually not 100% sure what the difference between a condominium and a cooperative is, but condos are also corporations.
I agree but then one of two things has to happen.
Guess which one would come first? Be honest.
There are already strong cases to be made that corporations aren’t people, especially if you look into how flimsy that argument was in the first place, but I take your point.
Slumlords and overpriced rentals can be storage issues though. It can be a nice place, but if you’re paying $2k+/mo for a 1b1b that’s way too fucking much even if it’s in good condition