424
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 23 Jun 2024
424 points (98.0% liked)
News
23287 readers
3837 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
Not really, because the rental market does not behave like commodities do. Generally, you have to live within a reasonable distance of employment. For this and other reasons, renters are much more vulnerable and tend to get exploited far beyond the cost of the service.
Basically, if tenants had any more money to exploit, they would already take it. Rents are maximally high wherever possible to extract maximum money from people who need a place to live.
Consider the common joke that I pay this much in rent every month but the bank says I can’t afford a house where the mortgage would be substantially less.
Agreed, and this would be solved by sufficiently high land value tax - if wasn't profitable to be a landlord nobody would do it and the price of land would decline sharply. Henry George saw all of this coming a long time ago.
First time I’ve heard of the idea of a separate land value tax… Frankly it seems like an awesome idea, especially for cities.
I imagine it would make dense housing more profitable than McMansions, and punish the NIMBYs who keep standing in the way of affordable housing. Maybe we could make the tax increase significantly with the number of properties an individual owns and start it at the highest rate for things like shell corps and LLCs.