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Rent control doesn’t work, and never will. It is utterly ignorant of economic reality. Economists on almost all sides have admitted this at this point. The only
by jpxw 5y ago
Rent control doesn’t work, and never will. It is utterly ignorant of economic reality. Economists on almost all sides have admitted this at this point. The only people left clinging on to the idea are politicians who do it to pander to people for votes.
- f6v 5y agoRent control in Berlin is just trying to fix the problem in a most ridiculous way. The city is obviously attractive for both germans, and thousands of expats from Italy, Spain, Poland, Russia etc. How much housing is being built in Berlin? I don't know. But I do know that there're no new underground stations being built, save for that tiny new line in the downtown. No new stations means the city isn't expanding at all, while more and more people come to live there.