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zoning
Quote:
Originally posted by Greedy,Greedy,Greedy
Slowly everyone starts to admit that, yes, the fundamental justification for rent control and zoning are the same. But I really like the idea that there is a transfer back of value to the guy who want to build a dump -- umm, Burger, wouldn't the presence of compatible uses (e.g., maybe a McDonalds or something) enhance the value of his dump? To him, aren't all the folks in the single family home who don't want the street widened a nuisance? I don't think dump guy will see the value you're positing, just as landlord wouldn't see the value if I told him that as part of rent control there will be a regulated system of annual rent adjustments intended to preserve his original profit margin, and that will add stability and thus value to his property. It's telling someone you're going to take away X - Y rather than X, and they should thank you for the Y part.
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How is rent control a response to a collective action problem?
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You can't take 3 from 2, 2 is less than 3, so you look at the 4 in the 10s place, make it 3 10s, change the 10 to 10 1s,
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