this post was submitted on 19 Mar 2024
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[–] [email protected] 14 points 8 months ago (3 children)

They tried banning landlords in specific neighborhoods in Rotterdam.

It lead to gentrification.

The people who bought the units, on average, were more wealthy than existing renters, but less wealthy than existing owner-occupiers. Basically, it forced poor people out of that neighborhood, and replaced them with middle class people.

There's a lot of reasons why buying a house is expensive. In many places, it's less because of corporate landlords, and more due to population growth outpacing housing growth.

[–] [email protected] 6 points 8 months ago (2 children)

They could have easily solved that by pegging unit ownership to income.

[–] [email protected] 8 points 8 months ago (2 children)

Or, better yet, we could just build more units.

[–] [email protected] 8 points 8 months ago

Or both. There is no reason to offer discounts to wealthy people just because they're first in line.

[–] [email protected] 5 points 8 months ago

we could just build more high-density units

[–] [email protected] 2 points 8 months ago (1 children)

Im sure they also thought the lack of poor people owning houses was "easily solved" by banning landlords.

But how does pegging the unit ownership to income even work?

[–] [email protected] -1 points 8 months ago (1 children)

Very simply- you have to be under a certain income threshold to qualify for these homes. The same way it's done for lower-income housing everywhere else.

[–] [email protected] 1 points 8 months ago (1 children)

Where does this happen? I was under the impression that low income housing was owned by the state, or maybe someone else but under strict control by the state, and you had to fall under a certain income to rent there, not purchase.

[–] [email protected] 1 points 8 months ago (1 children)
[–] [email protected] 1 points 8 months ago (1 children)

Okay, do now we're back to my original point:

Im sure they also thought the lack of poor people owning houses was “easily solved” by banning landlords.

[–] [email protected] 1 points 8 months ago (1 children)

Yes, again, because they didn't do anything about rich people taking advantage of it. I'm not sure why you're suggesting that "don't let rich people have the homes" would still make it impossible to house the poor.

[–] [email protected] 1 points 8 months ago

I'm not suggest that, I'm pointing out that was seems "simple" often isn't and also often leads to unintended consequences.