Rent-control laws disproportionately benefit the non-poor because the elite pull strings, work the system and are better connected than the non-poor.
Sentiment: NEGATIVE
It is critical that low-income consumers have access to alternative products and services such as rent-to-own. It gives working-class families opportunities to obtain decent household items without incurring the burden of debt.
Substantive and procedural law benefits and protects landlords over tenants, creditors over debtors, lenders over borrowers, and the poor are seldom among the favored parties.
The rich don't exploit the poor. They just out-compete them.
A system that was originally designed to support the poorest in society is now trapping them in the very condition it was supposed to alleviate.
Rent-to-own provides a vital service to millions of Americans. It is also critical for African-Americans, Latinos and other minorities to have access to alternative products and services, such as rent-to-own.
Many hard working people in low paid jobs get housing benefit.
The fact is that, except for those very few whose wealth is overwhelmingly or entirely inherited, the more affluent have usually worked harder than the less affluent.
A safety net for the poor indeed requires some level of income redistribution.
Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.
The poor pay more, and that's one of the reasons people get trapped at the bottom of the economic ladder.
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