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IIRC Paris has only instituted rent control since last summer. Rent-control might "work" short-term, but the long-run effects are very damaging
by jpxw 7y ago
IIRC Paris has only instituted rent control since last summer. Rent-control might "work" short-term, but the long-run effects are very damaging
- pnutjam 7y agoWhen you are on fire, you don't worry about what you're rolling on to put it out. Poor people are on fire, they need solutions now.
- jpxw 7y agoYeah, and this "solution" is like trying to put yourself out by dousing yourself in gasoline.
- polote 7y agoIt has been much more than a year that there is rent control in Paris
- greatgib 7y agoI live in Paris also, and I don't know what you mean by 'damaging effects' in the long run? I don't see any bad effect so far except for the capital income of the landlord that is lower. Housing prices still increase, there are still a lot of rental offers, nothing bad happened so far.
- username90 7y agoIn Stockholm where they had rent control for decades it is basically impossible to get a rental contract at all (waiting time is several decades). The end result is that people are forced to buy to get a stable place to live.