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Post by Saint on Sept 3, 2024 19:42:49 GMT
Can you elaborate, please? State control. Oh, okay. The state regulates lots of areas, though. Literally thousands. I'm not convinced (yet) that price gouging is a practice worthy of escaping its attention. |
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Post by Zany on Sept 3, 2024 19:45:49 GMT
Oh, okay. The state regulates lots of areas, though. Literally thousands. I'm not convinced (yet) that price gouging is a practice worthy of escaping its attention. Price control? |
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Post by Saint on Sept 3, 2024 19:46:55 GMT
Oh, okay. The state regulates lots of areas, though. Literally thousands. I'm not convinced (yet) that price gouging is a practice worthy of escaping its attention. Price control? Sorry, I'm not with you. I wouldn't be surprised to learn that price control already exists in some areas, but I don't know what they are. |
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Post by Zany on Sept 3, 2024 20:02:06 GMT
Sorry, I'm not with you. I wouldn't be surprised to learn that price control already exists in some areas, but I don't know what they are. Price control does exist in essential services, but to add it to non essential items and where does it stop? Government saying how much a car should cost? Controlling what you can spend and buy? Nanny knows best? |
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Steve
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Post by Steve on Sept 3, 2024 20:06:50 GMT
What Zany said ^
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Post by Saint on Sept 3, 2024 20:06:53 GMT
Sorry, I'm not with you. I wouldn't be surprised to learn that price control already exists in some areas, but I don't know what they are. Price control does exist in essential services, but to add it to non essential items and where does it stop? Government saying how much a car should cost? Controlling what you can spend and buy? Nanny knows best? Sure. I suppose rent control would come under the heading of price regulation of an essential item, now that I think about it. I'm not convinced one way or the other, but I don't see that regulating price gouging is necessarily a bad thing. It's not really controlling what you can spend, as you say - it's more about control over what prices you can charge. It's a very different thing. |
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Steve
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Post by Steve on Sept 3, 2024 20:08:26 GMT
What has 300 legs, weighs 20 tons and doesn't eat meet?
A: the queue for the state regulated meat shop in Soviet Russia.
And that's the alternative to a market economy
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Post by Saint on Sept 3, 2024 20:12:51 GMT
What has 300 legs, weighs 20 tons and doesn't eat meet? A: the queue for the state regulated meat shop in Soviet Russia. And that's the alternative to a market economy Are you against rent control? |
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Steve
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Post by Steve on Sept 3, 2024 20:20:01 GMT
What has 300 legs, weighs 20 tons and doesn't eat meet? A: the queue for the state regulated meat shop in Soviet Russia. And that's the alternative to a market economy Are you against rent control? Yes and no. In macro terms no because the results are always the same: not enough rental accomodation to meet the need, sub standard rental accomodation and dodgy practices used to move tenants on. In specific homes, yes because it has become a monopoly position which always require regulation. Once a tenant is in then (unless the property is significantly improved to tenants agreement) then the rent should not be increased beyond the relevant index of rental prices. |
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Post by Saint on Sept 3, 2024 20:24:03 GMT
Are you against rent control? Yes and no. In macro terms no because the results are always the same: not enough rental accomodation to meet the need, sub standard rental accomodation and dodgy practices used to move tenants on. I'm not sure I understand the above. Are you saying there isn't enough accommodation for everyone, so there shouldn't be rent control? Are you saying that there are dodgy landlords out there, so there shouldn't be rent control? I think it's unlikely you are saying those things. But if you aren't, I don't know what you are saying. |
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Post by montegriffo on Sept 3, 2024 20:43:47 GMT
Sorry, I'm not with you. I wouldn't be surprised to learn that price control already exists in some areas, but I don't know what they are. Price control does exist in essential services, but to add it to non essential items and where does it stop? Government saying how much a car should cost? Controlling what you can spend and buy? Nanny knows best? Ticketmaster have a monopoly on Oasis tickets and we already have controls on monopolies. |
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Steve
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Post by Steve on Sept 3, 2024 20:45:48 GMT
Yes and no. In macro terms no because the results are always the same: not enough rental accomodation to meet the need, sub standard rental accomodation and dodgy practices used to move tenants on. I'm not sure I understand the above. Are you saying there isn't enough accommodation for everyone, so there shouldn't be rent control? Are you saying that there are dodgy landlords out there, so there shouldn't be rent control? I think it's unlikely you are saying those things. But if you aren't, I don't know what you are saying. YES so there shouldn't be rent control? In Macro terms No, overregulate a market and yoou kill supply Are you saying that there are dodgy landlords out there, YES, some are so there shouldn't be rent control? Not in Macro terms but as stated, when you have a monopoly position of the landlord being the only one that owns the home. So some regulation needed (ie indexation only). |
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Steve
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Post by Steve on Sept 3, 2024 20:46:43 GMT
Price control does exist in essential services, but to add it to non essential items and where does it stop? Government saying how much a car should cost? Controlling what you can spend and buy? Nanny knows best? Ticketmaster have a monopoly on Oasis tickets and we already have controls on monopolies. Oasis tickets are not an essential, and not a monopoly as other band tours are available |
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Post by Saint on Sept 3, 2024 20:52:02 GMT
I'm not sure I understand the above. Are you saying there isn't enough accommodation for everyone, so there shouldn't be rent control? Are you saying that there are dodgy landlords out there, so there shouldn't be rent control? I think it's unlikely you are saying those things. But if you aren't, I don't know what you are saying. In Macro terms No, overregulate a market and yoou kill supply Okay. You seem better informed on this than I am. Perhaps I'm being naive, but isn't the result of over-regulation the same as under-regulation? I mean, if you over-regulate, the result is that properties are withdrawn from the market, with increased homelessness being the result. If you under-regulate, rent prices are too high for many, with increased homelessness being the result. |
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Steve
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Post by Steve on Sept 3, 2024 20:53:40 GMT
Welcome to the failure of UK housing policy since 1945
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