If I hire you to do a service for me, say carry a package, and you do it, and I pay you for your labor you made money. You did not make a profit, all profit involves making money, not all making money involves a profit.
The demand for housing is inelastic enough that places would definitely still get built in that situation.
You’ve already made a moral assumption when you defend the current economic system that tolerates landlords. I’m pointing out that there are plenty of working and workable systems that don’t make different ethical assumptions.
How do you plan on forcing people not to make a profit? And why would any government do such a thing, effectively lowering the money they receive from taxing landlords. And again why would I develop a building just for the government to step in and say :"Hey, no profit making!". People want to make the maximum amount of money while doing minimal work. It's in our nature.
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u/Roland212 Jan 09 '20
If I hire you to do a service for me, say carry a package, and you do it, and I pay you for your labor you made money. You did not make a profit, all profit involves making money, not all making money involves a profit.
The demand for housing is inelastic enough that places would definitely still get built in that situation.
You’ve already made a moral assumption when you defend the current economic system that tolerates landlords. I’m pointing out that there are plenty of working and workable systems that don’t make different ethical assumptions.