• Zippy@lemmy.world
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    1 year ago

    This bill will result in all rental costs increasing slightly. You can legislate anything but the costs will always be one hundred percent covered by those using the services. There is no way around this.

    I own pets and love them but I can expect an additional cost to house them.

    • aesthelete@lemmy.world
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      1 year ago

      You can legislate anything but the costs will always be one hundred percent covered by those using the services.

      This smells of what I’ve heard described before as “the fallacy of immutable profits”. Landlord profit margins aren’t set in stone. The state could pass any number of additional renter protection measures to force landlords to eat the costs if they wanted to.

      • Zippy@lemmy.world
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        1 year ago

        It won’t. Will simply result in more damages this increase in overall rent and less people willing to invest in rental properties this fewer homes to rent. Thus a double hit on increased rental rates.