3 ms·
I think the discussion of the rent cap is more complex. In every city there's some distribution of wealth and there are plenty of people who are sensitive to re
by oleganza 6y ago
I think the discussion of the rent cap is more complex. In every city there's some distribution of wealth and there are plenty of people who are sensitive to rent. Then, gov orders businesses to shut down, a lot of people lose money, then gov starts playing games with various ways to buy love of voters, rent cap is one of those things.
Similarly, minimum wage is typically bumped after inflation already made its way, so most of the people are over the threshold anyway and won't be thrown out of their jobs. And those who will — are valuable voters who can be made highly dependent on state unemployment programs.