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Saturday 5 January 2013


The potential benefits and disbenefits of capping rent according to inspected value of houses (in UK, London).

I will explore the idea of centralised organisation of the cost of houses, with maximum levels of rent levyable and no minimum. 


note:

losses - less investment or less luxury goods?

short term fix to lack of consumer spending? disposable income increases, shop sales increase, multiplier effect?

if ceiling is applied, when choosing who can have the house to rent, will class differences be magnified? Increased discrimination?

who could set rate? according to what analysis?

would the shadow market increase?

draconian powers required to organise it?

other options: demand driven? if so, increase supply...  but social problems must be addressed in flats, etc
restrict home owners to 1 house, - no absentee landlordism

deshelve land ownership altogether: possible? even where institutions arent there it occurs (in rural areas... but what about urban areas?), check china, who gets which house, etc

can the positives outweigh negative? then in (only) house market could be applied, why is regulating seen as draconian? - if force has to be used in first place, this means it can be justified to be used against anyone in future, scapegoat, etc.

Are we limited to the hierarchical system? it seems so...

no permanent fix, question is flawed, assuming landlords should exist at all (state or private), clearest possibilities = restrict absent landlords, increasing number of homeowners. and temporary way to increase growth...





tbc...