"There is also a deeper social and moral issue. Opponents of rent - TopicsExpress



          

"There is also a deeper social and moral issue. Opponents of rent regulation often argue that it forces property owners to "subsidize" tenants who pay below-market rents. But who is really "subsidizing" whom? Real estate in New York City is valuable because of its proximity to the biggest public transportation system in the world, and because it sits at the center of a metropolitan area sustained by the labor of millions of people. Why should these millions be forced to subsidize a few thousand multimillionaires who have bought up this land?"
Posted on: Thu, 01 Aug 2013 19:14:44 +0000

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