You don’t need crazy high home ownership rates to get the situation under control though. In Germany they’re working on a temporary rent cap to go on top of existing market regulations.
In France they’ve passed laws to tie rent increases to energy efficiency investments.
Plenty of sensible approaches exist to regulate the rental market, some countries just don’t have the political will to use them.
RGB755 t1_jdbxpqi wrote
Reply to comment by ultima-ratio-populi in Hundreds Evicted in Isla Vista by New Landlord - The Santa Barbara Independent by Croughman
You don’t need crazy high home ownership rates to get the situation under control though. In Germany they’re working on a temporary rent cap to go on top of existing market regulations.
In France they’ve passed laws to tie rent increases to energy efficiency investments.
Plenty of sensible approaches exist to regulate the rental market, some countries just don’t have the political will to use them.