3 ms·
Rent control = higher rent. Every. Time.
by ransom1538 5y ago
Rent control = higher rent. Every. Time.
- 988747 5y agoHigher rent for the newcomers, of course. And shortages, since very few new apartments get built (mostly the luxury ones). And slow degradation of existing apartments since no sane landlord would invest in any improvements if they cannot make up for the cost in increased rent.