Because renters dont vote. They either dont have residency, are foreigners, or live transiently.
I think it is a terrible strategy to try to convince homeowners that its best for them to forego clear economic benefits for blurry future profits. The solution is land value tax: just remove city sales taxes and add a tax on land. That will make low density units more expensive, the tax burden is relieved from the renter and lands on the homeowner and renters see their income increase immediately.
I think it is a terrible strategy to try to convince homeowners that its best for them to forego clear economic benefits for blurry future profits. The solution is land value tax: just remove city sales taxes and add a tax on land. That will make low density units more expensive, the tax burden is relieved from the renter and lands on the homeowner and renters see their income increase immediately.