this post was submitted on 31 Aug 2023
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Which is to be equitable between the interest of the owners and society. That is, in a nutshell, below market value.
Yeah no that's not how externalities work. They're creating damage with that coal, even to break even it has to be curbed in some way, much less for them to do good. If you want to mount that defence don't create externalities.
For those big landlords those apartments are means of production of rent. Wouldn't work for smaller investors or even private abodes but we're talking about companies with 2000+ (IIRC) apartments, here.