I'm originally from Europe. I do like that I can negotiate better terms than the market, but I also acknowledge that this is not better system for everyone. Th

I'm originally from Europe. I do like that I can negotiate better terms than the market, but I also acknowledge that this is not better system for everyone. The benefit of the US system is that higher rents create more incentive to produce more supply. It sometimes breaks down, like it did in SF, but in DTLA this worked well. Developers smelled opportunity, build bunch of new apartment buildings and we were able to lower our rent by 35% just within 14 months. If the market was regulated, then no new supply would be produced as there is no incentive to do so.