Conservative
A place to discuss pro-conservative stuff
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Is closer to the truth.
Full-time minimum wage workers can't afford a rent anywhere in the US.
The governing approach by Democratic and Republican lawmakers alike is to...ignore the problem. Or pass rent control laws, which is just worse.
Well I think this situation may have come about due to years of the systematic erosion of workers rights and devaluation of labor. People are sttill waiting for that trickle down.
The issue is it is very tax advantageous to own property. One way to help fix the problem is to charge a rental fee or disallow tax writeoffs for rental properties. Right now people jump on rentals because the ROI is solid. Reduce the ROI and people won't look to rentals.
This and removing tax breaks for anything other than primary homes.
If allow a few. As we talked about before, removing the deductions would kill the roi. I would’ve mind a limit of four then you lose the exemption.
Rentals do provide a benefit to the community in a reasonable number. Corporations owning rentals do not.
I also think enforcing code is them is critical. Don’t let them turn into slumlords which rental control does.