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sinistersnare | 2 years ago
There should be no 'punishment' of the landlords truly, I am saying we make a system where landlords can not unjustly profit from us (and I do speak generally here).
Stuff like this is what causes the housing crisis, it must be dealt with systemically, not by giving a few people none-the-wiser a lesser life.
arcticbull|2 years ago
There's for better or worse no law against 'too much profit' in the general case. How would one define 'too much'? A certain margin? That has historically led to merchants increasing their costs so they can profit more in absolute terms once the relative profit cap is met.
Seems like the answer is just to allow more construction and densification, which in turn creates a more competitive market for housing. If they then tried to aggregate, roll-up and collude they would fall under the Sherman act no?
mistermann|2 years ago
The system very often doesn't actually support that in fact, so I don't find it a particularly compelling argument.
Sometimes systems suck from the get go, sometimes they degrade over time. Some of us are getting tired of the heads I win tails you lose "democracy" magic show, and the runtime we are in supports recourse outside of the "agreed upon" (wink wink) legal conventions, and I suspect it is more of a coordination problem than a consensus or will problem.
sinistersnare|2 years ago
The landlords see their rent prices increase in their checks each month, it is not as if they have not noticed increased profit over the last years due to this.
So if this is allowed, we will start to see increased centralization and then passive acquiescence to gross profit.