5 ms·

Well, at the very least, will be an interesting economic experiment.

motivated_gear 7y ago
This has been tried before in a number of different flavors. Most leave people worse off. https://www.bloomberg.com/opinion/articles/2018-01-18/yup-rent-control-does-more-harm-than-good https://www.bloomberg.com/opinion/articles/2018-01-18/yup-re...
- Vinnl 7y ago
  Thanks, I hadn't realised that obviously existing landlords might stop renting out a place, which would reduce supply of housing - that could be problematic. It also mentions that apartments got transformed into condos. This might be a problem with my not being a native speaker, but: if one apartment is turned into multiple condos, isn't it able to house more people? (Though being "new" housing, I suppose they'd then be able to ask higher rents again?)
  - kaybe 7y ago
    Yes, it can house more people, but you can also demand a lot more for the same area in smaller units, so rent per square metre goes up.
  - esarbe 7y ago
    Since there's already some effort to confiscate property that's been empty for too long, I doubt too many landladies in Berlin will dare to go that route. I could be wrong. Relevant article: https://www.reuters.com/article/us-germany-housing/berlin-activists-march-to-demand-city-seize-housing-from-landlords-idUSKCN1RI0EG https://www.reuters.com/article/us-germany-housing/berlin-ac...
- cccccccccccm 7y ago
  I'm a bit confused, this article seems to only look in depth at rent control in San Francisco? San Francisco and any city in California is a major anomaly compared to other cities in the world. For example, rent control in Montreal works fairly well for renters and has kept the city affordable for the middle class while residential construction still booms.
  - refurb 7y ago
    Housing in Montreal is cheap compared to the rest of Canada. Rent control "worked" because there was little upward pressure on rents there.
withdavidli 7y ago
Isn't this similar to rent control in the states already, or other incentives that disincentive moving (ex, locking in property tax amount at time of buying)?
deleted 7y ago
[deleted]

This has been tried before in a number of different flavors. Most leave people worse off. https://www.bloomberg.com/opinion/articles/2018-01-18/yup-rent-control-does-more-harm-than-good https://www.bloomberg.com/opinion/articles/2018-01-18/yup-re...

Vinnl 7y ago
Thanks, I hadn't realised that obviously existing landlords might stop renting out a place, which would reduce supply of housing - that could be problematic. It also mentions that apartments got transformed into condos. This might be a problem with my not being a native speaker, but: if one apartment is turned into multiple condos, isn't it able to house more people? (Though being "new" housing, I suppose they'd then be able to ask higher rents again?)
- kaybe 7y ago
  Yes, it can house more people, but you can also demand a lot more for the same area in smaller units, so rent per square metre goes up.
- esarbe 7y ago
  Since there's already some effort to confiscate property that's been empty for too long, I doubt too many landladies in Berlin will dare to go that route. I could be wrong. Relevant article: https://www.reuters.com/article/us-germany-housing/berlin-activists-march-to-demand-city-seize-housing-from-landlords-idUSKCN1RI0EG https://www.reuters.com/article/us-germany-housing/berlin-ac...
cccccccccccm 7y ago
I'm a bit confused, this article seems to only look in depth at rent control in San Francisco? San Francisco and any city in California is a major anomaly compared to other cities in the world. For example, rent control in Montreal works fairly well for renters and has kept the city affordable for the middle class while residential construction still booms.
- refurb 7y ago
  Housing in Montreal is cheap compared to the rest of Canada. Rent control "worked" because there was little upward pressure on rents there.

withdavidli 7y ago

Isn't this similar to rent control in the states already, or other incentives that disincentive moving (ex, locking in property tax amount at time of buying)?

deleted 7y ago

[deleted]