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)
32 replies
366 recasts
1650 reactions
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
6 recasts
34 reactions
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
3 recasts
47 reactions
CryptoNFT🎩
@cryptonft
"deserve"
0 reply
0 recast
0 reaction
Luis Taniça
@matallui
You lock your mortgage costs. Insurance and house maintenance costs are constantly increasing.
0 reply
0 recast
0 reaction