Yes. That is, if you’re actively hurting the availability of affordable housing, that would be hypocrisy. Your economic interests are at odds with your stated ethical stance, which means your ethical stance is unstable.
Owning the property is not the problem: Rent-seeking is. Running it as a managed coöp would be the ethical path forward in that situation.
But if you’re advocating for changing the system there is nothing hypocritical about owning it since your impact is a drop in the bucket. In order to make changes you need power and power comes from wealth.
I’d say that you’re unlikely extract enough wealth to make a difference in the large scale, but you absolutely have enough power to make an immediate difference for however many people can live in your building.
That’s the problem with consequentialism: A certain evil now for a possible good later. I don’t agree with that.
Yes. That is, if you’re actively hurting the availability of affordable housing, that would be hypocrisy. Your economic interests are at odds with your stated ethical stance, which means your ethical stance is unstable.
Owning the property is not the problem: Rent-seeking is. Running it as a managed coöp would be the ethical path forward in that situation.
But if you’re advocating for changing the system there is nothing hypocritical about owning it since your impact is a drop in the bucket. In order to make changes you need power and power comes from wealth.
I’d say that you’re unlikely extract enough wealth to make a difference in the large scale, but you absolutely have enough power to make an immediate difference for however many people can live in your building.
That’s the problem with consequentialism: A certain evil now for a possible good later. I don’t agree with that.