this post was submitted on 16 Jul 2024
762 points (97.6% liked)

News

23287 readers
4686 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] catloaf@lemm.ee 19 points 4 months ago (5 children)

Hasn't rent control been shown to be ineffective at making everyone play nice? I feel like it's much more effective to put your finger on the supply/demand balance by subsidizing the supply side.

And not by just giving handouts to corporate landlords, either.

[–] UnderpantsWeevil@lemmy.world 27 points 4 months ago (1 children)

Hasn’t rent control been shown to be ineffective at making everyone play nice?

It's proven effective at causing landlords to scream and cry and publish 10,000 word Op-Eds about how they're going to do a capital strike if the rules aren't changed.

But, when paired with new investment in public housing, its incredibly effective at keeping rental costs stable long term.

[–] littlecolt@lemm.ee 16 points 4 months ago

Just like with unions, you know it's good for the common people, because the business and property owners speak out against it so strongly. If it's pointless, they could just let it happen. But instead, they rally against it. So you know they're lying when they say it won't matter.

It will matter.

[–] danielfalk@lemmy.world 6 points 4 months ago (2 children)

Yeah. It has but stuff like this plays well in the echo chamber. Like most attempts at price controls it has a lot of unintended consequences such as fewer apartments built and rented out, landlords charging obscene amounts to a new renter knowing they cannot raise the prices as needed later on, landlords raising prices whether they need to or not because they can't hike them quickly when needed, worse maintenance.

[–] Sami@lemmy.zip 1 points 4 months ago

No one is proposing rent control in a vaccum. Arguing against that idea is disingenuous and is how you end up with the status quo of "rent control is actually bad for renters" that gets parroted in economics circles. State intervention is necessary for markets to exist in the first place and they have overwhelming power in shaping them.

Building large scale affordable public housing, incentive structures that promote the building of affordable high density private housing, banning corporate ownership of single family homes and short term rentals like AirBnB, limiting corporate ownership within apartment complexes, reworking zoning laws to better suit current needs, more robust mechanisms for tenant disputes and transparency for historical rental prices to prevent abuse.

All of that is possible if the political will was there.

[–] Maggoty@lemmy.world 0 points 4 months ago

Okay then let's just drop an anchor into the market. Have the federal government commit to buying and managing 50,000 units in every major city. They're available on the open market at cost plus 100 dollars a month. The 100 dollars goes into a fund and the city with the highest rents gets more federally owned apartments.

We just keep dropping anchors until developers provide reasonable housing at reasonable prices or housing is no longer a private market.

Government has a really big damn stick. If people's needs don't start getting met then those developers are going to feel it, right in their profits.

[–] BeMoreCareful@lemmy.world 2 points 4 months ago

I think the problem is that once the government subsidizes anything it becomes all hands on deck peak business interest to exploit and steal said subsidies.

Some sort of enforced regulation might work, but the government doesn't really like to do that.

[–] Zoboomafoo@slrpnk.net 1 points 4 months ago* (last edited 4 months ago)

Not giving handouts to corporate lawyers? Impossible. Next you'll tell me that we should ease zoning restrictions and ignore NIMBYs that are afraid of black people moving in?

[–] Maggoty@lemmy.world 1 points 4 months ago

That last sentence is all that ever happens in supply side economics. It's the entire handbook.

They've had enough carrot. It's time for the stick.