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All the Perl that's Practical to Extract and Report

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  • To truly be theft, it would require the seizure of value in a way that was unexpected.

    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.
    • To truly be theft, it would require the seizure of value in a way that was unexpected.

      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.
      Well, it is true that you can make that part of the contract terms, but that is different from expectations. If you own a building and you tell me that if I live there, you will take my bike from me at your whim, and it is in the contract, fine, that's not theft. Otherwise, however, it would be.

      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.