Stories
Slash Boxes
Comments
NOTE: use Perl; is on undef hiatus. You can read content, but you can't post it. More info will be forthcoming forthcomingly.

All the Perl that's Practical to Extract and Report

The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
 Full
 Abbreviated
 Hidden
More | Login | Reply
Loading... please wait.
  • 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.
    • Wikipedia [wikipedia.org] suggests that rent control was imposed a long time ago, but seems to suggest that it's not being imposed on new constructions. I would presume that buyers today would know their rent control status. So by this information, I agree that rent control doesn't seem like theft.

      On the other hand, Wikipedia also says that in some areas of rent control landlords are restricted in their rent raises even with respect to CPI. "The frequency and degree of rent increases are limited, usually to the rate

    • 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