3 ms·
Lets 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.
by negrit 7y ago
Lets 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.