4 ms·
Ok, so I could imagine rent control would work fine in (e.g.) the bay area if there was also (1) Government-built (or heavily subsidized) housing to get around
by cbkeller 8y ago
Ok, so I could imagine rent control would work fine in (e.g.) the bay area if there was also
(1) Government-built (or heavily subsidized) housing to get around the fact that rent control limits the capitalist demand for new housing
(2) Strong central government to force out NIMBYs for the greater social good
In this context, would you agree that rent control seems counterproductive unless we were to switch to a socialized economy overall?
> There is no capitalist solution to this problem.
I'm curious if others here would agree with this; I don't have a strong opinion yet.