I have never understood why it is “greed” to want to keep the money you have earned but not greed to want to take somebody else’s money.
-Thomas Sowell, Stanford University Economist
Rental housing has become a major focus in the march towards socialism in the U.S. The socialist agenda is to eliminate the free market and move to state control of most economic activity. The healthcare industry was the first target. Housing is next. Rent control is the first attack to weaken the viability of the private rental business. There is a growing trend of elected officials who believe housing should be financially subsidized by landlords or run by the government. Politicians across the U.S. have stated publicly landlords should not make a profit. The resulting legislation will harm and could eliminate the private rental business.