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The problem with rent control is that it causes more harm than good. Great for the lucky few that get a rent controlled apartment. Bad for people that don't an
by 1ba9115454 8y ago
The problem with rent control is that it causes more harm than good.
Great for the lucky few that get a rent controlled apartment. Bad for people that don't and for landlords that now can't charge enough rent to cover the mortgage.
- distances 8y agoIn Germany mortgages are with fixed rates, so no surprises in interests. It's a somewhat incompetent landlord that takes higher mortgage than what the rent covers.