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An investment opportunity just means a shortage that you can profitably fill. Preventing people from making money by investing in real estate just means housin
by CryptoPunk 7y ago
An investment opportunity just means a shortage that you can profitably fill.
Preventing people from making money by investing in real estate just means housing shortages are less effectively filled.
That's essentially what rent control does, and economists are almost unanimous about the harm it has done to housing affordability:
https://www.econlib.org/library/Enc/RentControl.html https://www.econlib.org/library/Enc/RentControl.html