3 ms·

Nothing soured me on "the economic establishment" more than hearing it said over and over and over and over again that rent control is terrible and bad and basi

Nothing soured me on "the economic establishment" more than hearing it said over and over and over and over again that rent control is terrible and bad and basically a way to destroy a city. All while living in various rent-controlled apartments in Montreal, where even people who are working modest jobs get to live happy lives.

controller 9y ago
Rent control is terrible because it lowers supply. The correct solution is increase supply by building more.
- RodericDay 9y ago
  An "econ 101" explanation plastered all over as ultimate explainer, even in the face of healthy, happy rent-controlled cities.
  - controller 9y ago
    Which cities would that be?
kmonsen 9y ago
But who gets to pick who gets the nice rent controlled apartments?
- shitgoose 9y ago
  passed down to friends and relatives, as inheritance.
  - shitgoose 9y ago
    why? this is exactly how it works.