3 ms·
My point is, with San Francisco as an example, we don't even have the pretense of a market solution, due to cofactors such as California's 1978 Prop 13 and aggr
by ipnon 6y ago
My point is, with San Francisco as an example, we don't even have the pretense of a market solution, due to cofactors such as California's 1978 Prop 13 and aggressive rent freezes for so-called "original" tenants. These two policies are examples of the state creating two favored classes at the expense of all other citizens.