If the city wants to target the poor, why not pay housing subsidies based on income?
If you force owners to rent to people at rates way under what they should be getting, you're just making the owners pay that subsidy. When those owners happen to own multiple units, and new ones open up...they pass those subsidies on to the new renters.
If you force owners to rent to people at rates way under what they should be getting, you're just making the owners pay that subsidy. When those owners happen to own multiple units, and new ones open up...they pass those subsidies on to the new renters.