As long as people can't afford to buy they're "less invested" so no reason to address housing affordability... In the modern housing market that's a self fulfilling prophecy.
> How about that principle of one person, one vote.
Reality, in my view, is absolutely chock-full of contradictions. I believe in the principle of one person, one vote; and I believe that what I said above happens also to be true. The dialectic doesn't care that we might wish things were simpler or more straightforward.
In a world with stable rents, renters also become long term residents and invested in the community. If someone’s only “invested” financially I doubt that they have the community’s interests at heart.
There will always be transients, students, travelers, and so on. In a world where most people rent and renters are indistinguishable from owners, renting will cease to be a signal that those people are present, but they won't disappear. They'll just be harder to identify.
The idea that municipal governance should intentionally disadvantage "transients, students, travelers, and so on" is appalling to me. This directly feeds into wealth inequality and the cycle of poverty. I get that people will want to protect their privilege, but I have no respect for it.
I would encourage you to try to read those words without any of the baggage often implied. The reason I chose the examples, "dorm room" and "magical year in NYC," above is that those both apply directly to me. If someone in my neighborhood in NYC would have said to me, "you don't really care deeply about this place, you're just going to be here for a year or two and then settle down somewhere else," they wouldn't have been entirely wrong.
How about that principle of one person, one vote.