2 ms·
> So fiscal stimulus should be paired with some kind of rent control/regulation, then? I helped someone find an apartment in a rent control area - instead of h
by ars 5y ago
> So fiscal stimulus should be paired with some kind of rent control/regulation, then?
I helped someone find an apartment in a rent control area - instead of higher rents you need to pay 4 months "brokerage fee" to make up for the lower rent. (If you don't want to pay, demand is so high someone else will.)
Rent control doesn't work, it makes things worse.
The correct solution is more supply. You can't fix high demand any other way.