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Theft would require... (Score:1)
So building a property knowing that it will be rent controlled is not theft, it's a deal between the developer and the city to knowingly keep an area cheap and underdeveloper.
Likewise, buying a property with rent control is not theft. They know what they are getting, and as a result pair fair (and as he says, low) price.
Now having rent control IMPOSED on you when you current do not, THAT is theft.
Re:Theft would require... (Score:2)
So building a property knowing that it will be rent controlled is not theft, it's a deal between the developer and the city to knowingly keep an area cheap and underdeveloper.
So I agree with your point, I would just word it more strictly: it is beyond expectations, it must be part of a specific agreement. If I agree to let you rent-control my building, fine, it is obviously not theft because I agreed to it.
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