orcrist , 4 days ago

Interesting. We all have the same feeling about you. The sad part is that you might actually know something. Maybe you could say something constructive, if only you cared to do so.

You could have made an argument about how aiming for perfection is a bad strategy here. But you didn’t, so let me show how you’re wrong. The proposed solution doesn’t address the underlying problem, and it adds complexity. Rent can only go up by 5%, sure, but what happens if you sell the property you move into it or other exceptional circumstances happen? Then you can raise the price. Or perhaps you rent it through Airbnb, so the rules don’t apply either. It doesn’t really matter what the special cases are, because finance folk love complicated solutions. They’re always going to find ways to game the system at our expense.

But let’s suppose the 5% solution is somehow good. If it’s good for rent then it should be good for other things too, right? You can’t let electricity or gas prices go up faster, or people won’t be able to heat their homes. You can’t let food prices go up faster, or people won’t be able to eat. Oh, and you certainly need minimum wage to be going up 5%, for any of that to make sense.

So if we consider all of that, and we find the aforementioned proposal slightly lacking, maybe it’s not because we’re seeking perfection. Maybe it’s because you have no idea what problems we are trying to solve.