Controlled rent would also be fantastic and has worked in economically diffuclt times like COVID. I don’t see why it wouldn’t work again during the recession we are spiralling towards.
City-owned housing works great here in Vienna. The City owns like somthing like 20% of all apartments and rents them out at basically non-profit rates. It works fantastically! It does not only offer lower rents, but it makes people realize that landlords often charge unnecessarily high prices and makes people demand better from landlords, so these lower their prices as well to compete with the city apartments.
Edit: for reference, i’m paying 500€/month (roughly $600/month) on rent and it’s already a private-owned apartment. In the city apartments, the rent is even lower still.
Idk, I feel like landlords would just jack prices by whatever the ubi payments are. Ubi is a good idea for sure, but it’s only a piece.
Controlled rent would also be fantastic and has worked in economically diffuclt times like COVID. I don’t see why it wouldn’t work again during the recession we are spiralling towards.
City-owned housing works great here in Vienna. The City owns like somthing like 20% of all apartments and rents them out at basically non-profit rates. It works fantastically! It does not only offer lower rents, but it makes people realize that landlords often charge unnecessarily high prices and makes people demand better from landlords, so these lower their prices as well to compete with the city apartments.
Edit: for reference, i’m paying 500€/month (roughly $600/month) on rent and it’s already a private-owned apartment. In the city apartments, the rent is even lower still.
Explain to me why landlords didn’t just jack rent payments in 1960s. Why did people back then have money left at the end of the month?