• Hillock@lemmy.world
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    7 months ago

    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.

    • HappycamperNZ@lemmy.world
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      7 months ago

      Doesn’t work - this also eliminates any investment and repairs into a property that has already reached that cap. This is where you get slum lords and no future builds.

      On the other hand, put in a mass government housing development program that is rent controlled and doesn’t need to profit would both increase housing stock, improve investment in quality to attract tenants and lower rent prices.