4 ms·
The problem with these types of price controls is that it’s inherently unfair. If you’re on the inside and lucky enough to get a rent controlled apartment, you
by baron816 7y ago
The problem with these types of price controls is that it’s inherently unfair. If you’re on the inside and lucky enough to get a rent controlled apartment, you win. Everyone else loses.
- CPLX 7y agoThat's correct. Or said another way, if you have strong ties to the city and/or are a longtime resident of the neighborhood you win, if you don't you lose.
- chimeracoder 7y ago> Or said another way, if you have strong ties to the city and/or are a longtime resident of the neighborhood you win, if you don't you lose. This has literally nothing to do with who ends up in a rent stabilized apartment. In fact, new residents are more likely to end up in rent stabilized apartments than existing residents, so rent stabilization has the exact opposite effect of what you're describing it does.
- CPLX 7y ago> new residents are more likely to end up in rent stabilized apartments than existing residents Citation needed on that one.
- baron816 7y agoSo cities should be walled off gardens that don’t let new people fair access the opportunities to be had within?
- bko 7y agoI would also note that it promotes illegal behavior as people who are lucky enough will often illegally sublet the home at the market price.
- CPLX 7y agoAll laws that prevent people from doing something they want to do promote illegal behavior by this definition.
- cowwithbeef 7y agoYes this is an inherent flaw in laws. They benefit those who get away with breaking them.