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Rent control...works fine in the presence of abundant supply and liquidity In other words, rent control has no effect if prices would have remained stable anyw
by stickfigure 8y ago
Rent control...works fine in the presence of abundant supply and liquidity
In other words, rent control has no effect if prices would have remained stable anyway. It's also pointless in that case.
- romed 8y agoSure, but the point is that rent control removes the incentive that would otherwise exist for landlords to create scarcity.