this post was submitted on 27 Jul 2024
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A Boring Dystopia

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[–] [email protected] 57 points 3 months ago (8 children)

Kill the billionaires who horde homes.

Ban, and jail, participation in price fixing systems that most people use, especially apartments, to price their product.

Kill the billionaires.

Put caps on resell values of 5% per year to stop flippers.

Again, kill the billionaires.

Set maximum rent increases to 5%.

Kill the… etc.

[–] [email protected] 2 points 3 months ago (1 children)

I actually think we need to cap rent increases to about 2%. In a little over 14 years, your rent doubles at 5%. So $2.5k/mo becomes $5k/month- $60k/year! Since wages have largely stagnated, most renters would be in an even worse place (although definitely better than 10% increases).

[–] [email protected] 2 points 3 months ago

I’m down for 2% 😁

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