this post was submitted on 19 Jul 2025
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[–] Alcoholicorn@mander.xyz 2 points 2 months ago (1 children)

Fair market value is much, much lower 9n rent controlled property

[–] Ilovethebomb@sh.itjust.works 2 points 2 months ago (2 children)

Yeah, a government deliberately lowering property values so they can buy them cheap isn't a great precedent.

[–] Alcoholicorn@mander.xyz 3 points 2 months ago

Won't somebody think of Blackrock?

[–] _AutumnMoon_@lemmy.blahaj.zone 0 points 2 months ago (1 children)

It's not great, It's fantastic. Let the scumbags who own property they don't use lose money!

[–] jumping_redditor@sh.itjust.works 0 points 2 months ago

thale same strategy will be used to build more freeways through low income neighborhoods