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Is this sarcastic? Rent control drives up rent. It doesn't make housing cheaper, it's just NIMBYism that renters get to participate in
by lock-free 6y ago
Is this sarcastic? Rent control drives up rent. It doesn't make housing cheaper, it's just NIMBYism that renters get to participate in
- runarberg 6y agoWhat? rent control drives up rent like minimum wage drives wages down. There is some serious dissonance to the real world here.
- lock-free 6y agoThe freakonomics podcast had a decent episode about this. They frequently host liberal economic ideas as well, so don't assume the opinions come from some landowner backed think tank. https://freakonomics.com/podcast/rent-control/ https://freakonomics.com/podcast/rent-control/ In the real world, places with rent control are the most expensive and have gotten more expensive. It does not help housing prices.