alt Hacker NewsI love that there are people that can't even conceive of the idea that entities that let out apartments are providing a service to residents. In their view, the natural state of every resident is a desire to own their home.
A fun knock-on effect of this policy proposal: it would effectively halt all new development of dense multifamily.
Yes, the natural state of every resident is to live in their own home. To be clear by home I don't mean "single family detached house on a suburban street", I mean a place to live with water, electricity, and a roof.
Landlords provide no 'service'; they are merely an existence tax.
The market already does not build dense multifamily; what is there to halt?