I’m sure there are major issues with that idea as well, such as creating a rigid structure of sale and rental.
For example here, politicians made it very difficult to get kicked out if you rent a place for more than 2 years. You basically have to agree to move out. All that did is make virtually all landlords only lease for 2 years because it’s hard to get rid of a bad tenant after that. It’s a great thing if you can get it, but it sucks to have to move that often.
If you limit the % property for rent in a city, maybe companies will build turbo shit apartments (or extremely expensive apartments) for sale, and decent apartments for rent. The monkey paw is strong.
I’m sure there are major issues with that idea as well, such as creating a rigid structure of sale and rental.
For example here, politicians made it very difficult to get kicked out if you rent a place for more than 2 years. You basically have to agree to move out. All that did is make virtually all landlords only lease for 2 years because it’s hard to get rid of a bad tenant after that. It’s a great thing if you can get it, but it sucks to have to move that often.
If you limit the % property for rent in a city, maybe companies will build turbo shit apartments (or extremely expensive apartments) for sale, and decent apartments for rent. The monkey paw is strong.