It's how the market works ffs.
There's no need to swear at people, this is an interesting and complicated topic with many valid points to debate.
You can't have it both ways: saying you should have free reign in determining the value of your property, while also claiming the government can't tax you according to that value.
In fact a land value tax could replace property tax in a revenue neutral fashion, and would incentivize development of property and density, rather than disincentivize those like property tax does.
Heck, I’ve never heard of non-rent control before moving to the US. No surprise there’s so many homeless people.
PS: look at what your free market did to the US healthcare.
The point still stands that rent control is a terrible way to keep rent down, it causes a ton of problems.
I live in a city where there are more residential properties than families. Prices are a tiny fraction of what y’all on the coasts cite. Apartments under $1000/month in trendy neighborhoods is common here. I’ve rented small apartments here for $500/month.
Rent controls may slow price increases, but encouraging supply decreases price. You can’t fix the problem until you treat the root cause rather than the symptom.
If you do, you couldn't be more wrong. Healthcare is the most regulated, least free market in the US.
Pretty sure rent controls would have no effect on the amount of substance abuse and mental illness that plagues so many homeless.
