4 ms·
> It's hard to see how rent can be disconnected from the property value because if the achievable rent for a property skyrockets that will pull the property's v
by MrPatan 6y ago
> It's hard to see how rent can be disconnected from the property value because if the achievable rent for a property skyrockets that will pull the property's value up.
It's the other way around that disconnects happen: rents stay the same and property prices go up.
But that's not why you got downvoted, no. You misunderstand price controls. It doesn't mean that everybody should have access to a nice apartment in a sought-after area. It means that I should have access to a nice apartment in a sought-after area.
- mytailorisrich 6y ago> It means that I should have access to a nice apartment in a sought-after area. Yes, that sums it nicely.