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> The right answer to that shortage would be to increase supply — for instance, by cutting red tape in zoning and construction Hmm but didn't they indeed provi
by ridaj 6y ago
> The right answer to that shortage would be to increase supply — for instance, by cutting red tape in zoning and construction
Hmm but didn't they indeed provide incentives for increasing supply, by exempting new construction from rent regulation? In fact the later argument saying that prices started going up in the unregulated market would support the notion that the policy is indeed providing a powerful incentive to new buildings. Sure, the article also laments that there still isn't enough supply, but can one argue that giving more rent money to owners of old properties would help fix this?
How did new construction change in Berlin? What about homelessness? I don't know but find it shady that the numbers aren't shown.