2 ms·
What? rent control drives up rent like minimum wage drives wages down. There is some serious dissonance to the real world here.
by runarberg 6y ago
What? 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.