Why are we randomly forcing residents to leave? Why don't we just take the available housing stock and divide it between old and new residents in a rational manner? Should an individual or family be kicked to the curb just because someone has a preference for living somewhere? What if they could prove a necessity?
There's a lot to be said for knowing that once you pick a place to live you can depend on it being there as long as you need it and can develop a community, take risks in other areas of life, etc.
> Why don't we just take the available housing stock and divide it between old and new residents in a rational manner?
How on earth to "divide" it fairly though?
This is exactly what the free market (attempts) to do, and might do better without rent control or overbearing zoning restrictions - allocate resources optimally according to demand.
Want to live in a super fancy place in the middle of the city? Pay lots because it's a luxury.
Can't afford that or don't want to? Live further out where there is plentiful cheap housing stock (I said no overbearing zoning restrictions remember!) and commute via a well resourced, publicly funded transport system (unfortunately the US doesn't do this well).
They don't have to accept the deals, they'd have the __option__ and I'm trying to make it easier for them to take the highest bidding option so that someone knows they have the best deal. The highest bid from among bids in their area.
This is to ensure a __fair evaluation__ of a property's value on a real market, rather than some random assessor's opinion.
There's a lot to be said for knowing that once you pick a place to live you can depend on it being there as long as you need it and can develop a community, take risks in other areas of life, etc.