I don't think it's about housing supply. People want to live in the city and in desirable suburbs. These suburbs have existing tenants who could not afford the

I don't think it's about housing supply. People want to live in the city and in desirable suburbs. These suburbs have existing tenants who could not afford the market rate of rent today. Gentrification basically. The question is how much should existing tenants be entitled to their apartments just because they lived there for a long time, balanced against the impact on investment in new real-estate because of lack of incentives due to earning caps.