this post was submitted on 29 Nov 2024
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No country needs rent controls. They need ownership controls. As in, nobody should be able to own more than 1x primary residence and 1x holiday house &/or investment property. Period. No company should ever be allowed to own residential land/property, except for the duration of a build (with hard limits for development/build/sale that prevent artificial price controls).
Neoliberalism/conservatism have failed humanity for housing security, financial & economic security, national security, employment security, mental and physical health, education, civil liberties; the list is endless. Continuing this several-decade failure any longer is insanity.
No we don't. Ownership controls are such a stupid way to deal with the issue.
People should be able to own as much as they want, they should just have to pay everyone else for that privledge (through taxes), rather than profiting off it. Pay for what you use, the more or the more desirable, the more you pay.
Okay, time for you to take a walk and remember how to be a human being.