this post was submitted on 27 Mar 2024
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Work Reform

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[โ€“] Nemo@midwest.social 18 points 1 year ago (1 children)

Early on:

Rent controls, secure tenancies and high interest rates

were how landlords were put out of business the first time. Not regulation, but economic levers that made renting out property unprofitable.

Presumably, these levers still exist and can be pulled. It's mentioned right after that the Thatcher administration worked to undo these effects, but the article moved on without further discussing how in detail.

[โ€“] Kusimulkku@lemm.ee 3 points 1 year ago

Rent controls for private rents can be tricky. Sometimes it leads to money paid under the counter on top of rent, which is of course undesirable in a few ways. But having publicly owned (municipal etc) rental properties are an easier way to push rents down. But that also has a lot of trickiness in it.