Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
The voters banned banning banning banning charging too high rent. (To be clear I'm in favor of this, the best way to keep rent low is buidl buidl buidl)
37 replies
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shazow pfp
shazow
@shazow.eth
How do you solve for predictability/stability? If you buy a home, you lock in your costs for 5-30 years, why don't renters deserve some of that stability too so they can make longer term plans and set roots in their neighbourhood?
2 replies
1 recast
16 reactions

Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
One answer: a big problem with the rent control approach is that it turns tenancy into a de-facto partial property right that is nontransferable. One fix: make it transferable. (If you take this path to its logical conclusion, you arguably eventually get Georgism) Another answer: a long-term commitment to keep housing prices low, eg. strict limits on zoning restrictions. Houston, Japan, etc seem to work quite well on that model.
2 replies
1 recast
28 reactions

Adam Stallard pfp
Adam Stallard
@adamstallard.eth
> make it transferable This is how many CLTs work. You can sell your house and move out, but you don't sell it on the greater market; it remains with the CLT.
0 reply
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