What we need is to jail people who do exploitive shit like this. Just like any other harmful acticity we jail people for.
Or maybe jusr, OP’s 50% tax deal ramps up the more acxumulated wealth and property you have. Tonstrongly discourage that practice. Like sure, you exploited your rent holdings and you are a ten millionaire. But now we are taxing you at 100% so we can bump people’s UBI subsidy up enough to account for your exploitation.
We can’t jail them without a law that makes it illegal.
And if we introduce rent control, we need to replace it with other incentives to build new apartment buildings. Ideally ones that create a slight oversupply of housing. Otherwise, in a decade or so, you get cheap rent but tons of homeless people because the supply is insufficient.
What we need is to jail people who do exploitive shit like this. Just like any other harmful acticity we jail people for.
Or maybe jusr, OP’s 50% tax deal ramps up the more acxumulated wealth and property you have. Tonstrongly discourage that practice. Like sure, you exploited your rent holdings and you are a ten millionaire. But now we are taxing you at 100% so we can bump people’s UBI subsidy up enough to account for your exploitation.
Good job, you accomplished nothing in the end.
We can’t jail them without a law that makes it illegal.
And if we introduce rent control, we need to replace it with other incentives to build new apartment buildings. Ideally ones that create a slight oversupply of housing. Otherwise, in a decade or so, you get cheap rent but tons of homeless people because the supply is insufficient.