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"renegotiate at market rates" is extremely tenant-punishing, because the cost of moving for the tenant is much higher than the cost of finding a new tenant for a landlord. It becomes better if you remove the "renegotiate" part and couple the allowed rent increase to some index.



Why should an individual landlord have to subsidize an individual tenant? Its a scale of social interaction that doesnt make any sense.

This can have lots of issues. Imagine something like a good school zone changing, an event that may not be accounted for by the index. Insurance and taxes are determined by current value, that is partially determined by market rent, but the landlord cant adjust.

This also hurts a specific landlord when it comes time to sell, making a tenanted property potentially less valuable (and reducing the incentive to take on a tenant at all). This does not impact the general property value mind, as the tenant only benefits and creates this problem if the index is below the market.

If you want a fair balance, "its mine as long as I pay market rent" is pretty good. "its mine as long as I pay indexed rent" is not great, as it removes the financial benefit of capital investment from the landlord.


Yes picking carboard boxes from the store and stuffing them in the tiny US cars for a couple of blocks is a great cost.

If you as a tenant want to lock a rate - sign long term contract. Then a year or six months before expiring start renew talks. Don't forget that market also changes - you may be in a better position too.

Look - I support the idea of people owning their own homes and renting being the exception than the norm. But you can't solve housing shortage by making the market for whatever stock there is even more inefficient. The brejnevki in the soviet union were terrible quality wise, but they get the job done in providing shelter from the elements for the rapidly urbanizing country.

In East and South East Asia they are also quite proficient in building massive 30 stories high rises.


I get what you're saying, but you're just not going to get a sofa, large dresser or cabinet, or anything like that into an American car, large as they are. Minivans or pickup trucks are a different story, which is a big part of the reason they're popular despite the online derision.




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