Why should the government back up somebody's risky investment?
Why should the government back up somebody's risky investment?
My point is the government should not make it illegal to generate income and then turn around and say that renters need to pay rent, but neither should they say that landlords must be stuck holding the bag.
Do people understand that landlords aren’t this mysterious class of evil overlords? They’re just people. I’ve taken evil landlords to small claims court before, but that doesn’t mean I think I should be entitled to live in someone’s house for free.
I am absolutely flabbergasted by how “billionaire” and “landlord” are now bad words.
The only exceptions are those who made fortunes via government monopolies, which is yet another example of why the State needs to have its power checked. Unrestrained capitalism is not the problem, crony capitalism is, and crony capitalism is a function of Statism.
Although you can argue that the gov did punish banks for not loaning to low-income individuals. I’m rusty on those details. But you get the point.