9 ms·
> But the result of rent control is that when places open up, there is a massive excess of demand. I would challenge the notion that the problems of housing de
by ridaj 6y ago
> But the result of rent control is that when places open up, there is a massive excess of demand.
I would challenge the notion that the problems of housing demand exceeding supply are all tied back to rent control. Zoning plays a big role. Incentives play a big role. Government leadership plays a big role. Some rent-controlled areas are economically dynamic and others aren't. I just don't think there's a clear correlation.
- btilly 6y agoYes, there are many contributing factors. But in both theory and attempts to measure real-world data, rent control is a big factor.