Mayor Selby's hesitation on this is correct. The program will have the opposite effect of what is intended. It will drive out small landlords, who are more flexible and willing to work with residents. And it will not deter corporate landlords from buying up more property and affordable housing more limited. This is literally how programs like this have worked everywhere they have been tried. And large corporate investors love it, because they have almost unlimited money to pay the fees that are required. So, while the intent is honorable (if it is truly to solve homelessness), the thinking is backward in reality. Selby's suggestions should be investigated and implemented so that tenants, landlords, and the city can all work together. You can't make housing more affordable by making it cost more.
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