Sounds like you chose to live in a very expensive place. If they set rents at just the cost of maintenance and utilities (you're also forgetting insurance & taxes) there would be lines and shortages of housing, and only incumbent renters would benefit. Your area needs supply!
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Yes I am very much in favor of all those things! I’m guessing because i’m a woman with a rose emoji in my bio it’s a little easier to assume the worst in me

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please, if I assumed you weren't intelligent why would I even waste my time tweeting?? There are a # of tenants that pay very low rent, even lower than the operating costs with vouchers based on their income. You could expand that program
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but if you just set rents at just the operational costs, you 1. create significant shortages 2. quality of housing will be significantly lower, no new investment in existing housing stock A better way to extract equity is land value taxes if that's your goal
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Under the current paradigm it would be impossible to set rent at just operating costs bc people buy properties to rent them out and make a profit. In a better world, there’d be no profit motive to begin with. I *am* a socialist after all. (I’m also pro-LVT for what it’s worth)
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LVT is all about eliminating profit, too. I'm perhaps skeptical of creating a world where the profit *motive* disappears: I instead dream of a world in which craven greed finds precious few outlets.
End of conversation
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