California
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- California
- Bakersfield, CA
- Bay Area, CA
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As a possible counterpoint, regulations like this help prevent rent-seeking development companies from buying up all the land, bulldozing all the houses, and building shitty apartment buildings.
Cities probably should open more of these zones to high-density/low-income housing but you have to be really careful how you do it or these assholes will come in, outbid everyone else and monopolize the rental market.
It's simple, forbid corporations for buying the houses to rent. They can buy houses to house their employees, but they can't buy to rent to third party.
That sounds like the beginning of company towns again. Personally, I don't want that, and we should oppose that kind of stuff.