Comments by "" (@shauncameron8390) on "Why Are Rents Soaring Faster Than Wages? | DW News" video.

  1. ,< which is why government needs to regulate and penalize this practice.> They already did that. And these are the results. Renovictions, properties sold off to corporations as ordinary owners are driven out, fewer rentals available let alone affordable.
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  2. No it shouldn't especially in the city where most people tend to move a lot.
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  3. That's not a viable long-term solution. Plus, there are not that many rich to begin with and inevitably the middle class and anyone unfortunate enough to own anything of value through years of saving and hard work will be targeted.
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  4.  @milesinnz  Pretty much. And also they're not interested in the history of places that actually did what they're calling for.
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  5. The consequence of rent control.
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  6. So were wages.
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  7. <Its not just appartments the same goes for small shops, thatswhy everything is stellarly expensive, because they have to pay the rent> Real estate speculators hurt nothing. That would be the government with its excessive spending and money-printing, mass immigration, heavy-handed taxes and restrictions on business stifling productivity, etc. hurting the economy.
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  8. Most Americans are home-owners.
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  9. Companies buying homes are a consequence of rent control and taxing and regulating ordinary property-owners out of the market.
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  10. Bureaucracy.
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  11. Plus, most of their constituents and voters are home-owners.
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  12.  @thelastshallbefirst6531  And gentrification is the answer to blight and decay.
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