OT: NO PROPERTY RIGHTS IN DE
The Delaware Senate voted yesterday to impose draconian rent control on the land under mobile homes in the state. According to the bill, rent increases would be limited to the Social Security cost-of-living adjustment plus 1 percent. It apparently didn’t matter to the Senate that land values are increasing at perhaps 10 percent per year. Fortunately, the bill has approximately zero percent chance of passing in the House.
Hmmm, I wonder if this is a cynical Senate ploy- passing a DOA bill that makes them look like the good guys.
One Response to “OT: NO PROPERTY RIGHTS IN DE”
Comment by meep March 19th, 2004 at 4:10 pm |
And what would stop landowners from kicking mobile homes off and building houses there? What a stupid idea. |