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A large portion of the market is paying way below market rates. In some cases it’s ridiculously affordable. Supply constrictions inflate the affordability of ev
by rdlecler1 8y ago
A large portion of the market is paying way below market rates. In some cases it’s ridiculously affordable. Supply constrictions inflate the affordability of everything else.
- dajohnson89 8y agoThe term "ridiculously affordable" is really a rich one. Anyways I think you're implying that removing rent stabilization would have a net downward pressure on prices. While that may be true and it seems reasonable, I'd like to see some data to back that up. You do realize that a major reason rent stabilization exists is to protect people from being evicted out of their homes as the price of the surrounding area increases, right?