5 ms·
Wasn't that also the case historically though? Rent control has been around for a while.
by GhostVII 8y ago
Wasn't that also the case historically though? Rent control has been around for a while.
- skybrian 8y agoSure, it's not new. Another way to put it is that housing costs used to calculate inflation will lag market prices, because the cost is often locked in for a while. When prices go up, people often don't immediately start paying the new price.