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It also discourages downsizing. If you're old and retired, and want to move into a house that's a bit smaller now that your kids have moved out, maybe you can't
by repsilat 8y ago
It also discourages downsizing. If you're old and retired, and want to move into a house that's a bit smaller now that your kids have moved out, maybe you can't afford to because it would mean paying more in rent than you do currently. This can exacerbate (or cause) shortages.
- xrd 8y agoI would argue this is actually a separate thing. Rent control does one thing. Zoning laws like they have in SF that prevent building more dense structures prevent people from selling in one area and then finding a new property that is much smaller in the same area. The combination of rent control and NIMBY zoning laws makes downsizing challenging.