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The problem is that market reaction can be too slow. In such case introducing new rules can be good as they destabilize the slow status quo and makes things to
by fpoling 7y ago
The problem is that market reaction can be too slow. In such case introducing new rules can be good as they destabilize the slow status quo and makes things to move in the desired direction quicker. Berlin government hopes that by restricting rent in older buildings it will push the market to build quicker.