3 ms·
Rent controls are xenophobic, provide cheap labor for the wealthy and don't really achieve anything but market distortion. If you want to provide support for t
by JAlexoid 6y ago
Rent controls are xenophobic, provide cheap labor for the wealthy and don't really achieve anything but market distortion.
If you want to provide support for the underprivileged - means tested rent payment supplements are a better idea, than rent controls.
As for being priced out - yeah, the world is like that and people get priced out of coffee, homes, clothes and other things. Doesn't mean that a barista should be able to afford a single bedroom apartment in Tribeca.