this post was submitted on 19 Jul 2025
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I don't agree with freezing rent.
The entire concept of rent needs to die in a goddamn fire. Legislation needs to kill the entire idea, not further legitimize it.
We need massive, punitive increases in residential property taxes, with commensurate owner-occupant exemptions: You will not see a tax increase on the property you live in, but any investment property you own is going to see you saddled with a huge tax bill. This might come as a shock, but Corporate landlords don't occupy their properties. They are not able to claim the owner occupant credit.
But, if you own a second property and lease it to me, we can convert our arrangement from a rental to a "land contract". I, the occupant, become the legal owner. I continue to make payments. You don't get to increase those payments over time; they are fixed for the duration of the agreement. If I leave in the first three years, you retain 100% equity in the property. If I stay beyond three years, our agreement converts to a mortgage, and I start gaining equity.
Basically, the only properties that will still be able to be feasibly rented are the remaining units in duplexes, triplexes, and quadplexes, where the landlord lives in one of the units.
Renting is an option and convenience for a lot of people, that's why it exists. Some people don't want to be tied to a mortgage and might have reasons they only need a place for 6 or 12 months - temporary employment, contracting, studying or whatever.
Anyway renting can work as a model. Germany has a very large proportion of property which is rented. But they have strong tenant protections and place limits on rent hikes, evictions and so on.
I don't think an outright freeze is a good idea but rent controls and tenant laws would help. As would making casual letting (airbnb etc) a bullshit onerous proposition so that more housing stock is sold or converts into long term rent which lessens rent pressure.
Yeah, I prefer to rent because buying here is only reasonable (because of taxes, notary costs, etc) if you will live in that place for more than about 8 years. I usually move before that.