LogFAQs > #960736645

Fam_Fam posted...

something being made into a bad investment due to no fault or lack of planning is what i find unfair.

That's the nature of real estate investments. Unless you're actively working to improve your property and increase its value (or causing significant damage to it), the vast majority of fluctuations - in either direction - are outside of your control and can't really be planned for. This is why many like HOA's so much: By exerting some degree of control over your neighbourhood, you take away some of the unpredictability inherent in property values. Again, that doesn't necessarily justify the government saying "lol get rekt, landlords" and completely destroying their investments without warning, but that also doesn't mean that "landlords will lose some money" should prevent the government from enacting the regulations that need to be enacted to ensure a stable housing market and avoid homelessness crises.

Of course, that kind of falls apart when so many in government have real estate investments themselves, since that's a major conflict of interest and introduces a significant degree of bias in favour of investors, but government being invested in things it's supposed to be policing is a problem in every field, not just housing.

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