4 ms·
Rent control = less profit for building properties = less supply.
by austhrow743 7y ago
Rent control = less profit for building properties = less supply.
- deleted 7y ago[deleted]
- negrit 7y agoLets be clear, the reason there is less supply is not rent control. It's regulations and NYMBYs that prevents any new building with higher occupancy.
- austhrow743 7y agoRegulations and NIMBYs increase development costs. Rent control reduces development revenue. They both play a part in making building development less attractive, just from different sides.